Mercy Center Foundation USA Inc

Analysis

Mercy Center Foundation USA Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Mercy Center Foundation USA Inc reported income of $404k and spending of $546k, spending 135% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income fell from $594k to $404k (-32%), an average of -18% a year. The sharpest change came in the year to July 2024, when income dropped by 36%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mercy Center Foundation USA Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 40th percentile within DC. Charities of a similar size with the same main cause include Leigh HS Performing Arts Parents Association Inc ($404k), Uncw Corporation II ($404k) and Compass for Affordable Housing ($404k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $380k against liabilities of $0, net assets of $380k.