Mission Merced Incorporated

Analysis

Mission Merced Incorporated is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Mission Merced Incorporated reported income of $5.0m and spending of $4.2m, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $3.9m to $5.0m (+30%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mission Merced Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of Benton Harbor Michigan ($5.0m), Friends of Duck Creek Regional Library Inc ($5.0m) and Teens Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $4,160 (0.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $2.1m against liabilities of $413k, net assets of $1.7m. It reported 121 employees.