Mother of Mercy Foundation Inc

Analysis

Mother of Mercy Foundation Inc is a registered charity in United States, based in Rome City, IN. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mother of Mercy Foundation Inc reported income of $721k and spending of $460k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $721k (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mother of Mercy Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Common Ground Consultants Inc ($721k), Lambscroft Ministries ($722k) and Norwalk Area Ministerial Association ($721k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.4% of the total. At year end it held assets of $1.6m against liabilities of $21k, net assets of $1.6m.