House of Mercy
Analysis
House of Mercy is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2020, House of Mercy reported income of $226k and spending of $236k, spending 105% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $166k to $226k (+36%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 128% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Mercy sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Hartman House ($226k), Faouri Family Day Care Inc ($226k) and Northside Mennonite Child Care Center Inc ($226k).
On its Form 990 for the period ending December 2020, revenue came from contributions and grants 0.7% of the total. Compensation of current officers, directors and key employees was $40k (17% of expenses). At year end it held assets of $3.0m against liabilities of $2.2m, net assets of $832k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Other 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hartman House | Bell Canyon | $226k |
| Faouri Family Day Care Inc | Claremont | $226k |
| Northside Mennonite Child Care Center Inc | Lima | $226k |
| Specialized Equine Services and Theraputic Riding | Marion | $226k |