Mercy Outreach Ministries III Inc

Analysis

Mercy Outreach Ministries III Inc is a registered charity in United States, based in Williston, OH. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mercy Outreach Ministries III Inc reported income of $121k and spending of $146k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $121k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 151% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Outreach Ministries III Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Fentress County Food Bank Inc ($121k), Innovative Soulutions ($121k) and Thomas Edison Center Memorial Endowment Fund ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $4,015. At year end it held assets of $624k against liabilities of $16k, net assets of $608k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.