Streams of Mercy Inc

Analysis

Streams of Mercy Inc is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Streams of Mercy Inc reported income of $307k and spending of $358k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $471k to $307k (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Streams of Mercy Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Ordinary Missionaries ($307k), International Tibet Network ($307k) and Hela Bima World ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $122k against liabilities of $24k, net assets of $98k.