Mercy House Inc
Analysis
Mercy House Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 House Inc reported income of $2.1m and spending of $1.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $844k to $2.1m (+144%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 125%. Over the whole period it spent 90% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy House Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Ymi Cultural Center Inc ($2.1m), Henderson County Rescue Squad ($2.1m) and Jewish Family Service ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 2.2% of the total. Other salaries and wages came to $860k. At year end it held assets of $3.0m against liabilities of $268k, net assets of $2.8m. It reported 43 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 2.2%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ymi Cultural Center Inc | Asheville | $2.1m |
| Henderson County Rescue Squad | Hendersonvlle | $2.1m |
| Jewish Family Service | Salt Lake Cty | $2.1m |
| Transit System Inc | Glen Rose | $2.1m |