House of Mercy

Analysis

House of Mercy is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in May 1979, 47 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, House of Mercy reported income of $96k and spending of $148k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $781k to $96k (-88%), an average of -41% a year. The sharpest change came in the year to December 2020, when income dropped by 86%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House of Mercy sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include For the Kids Benefit Foundation Inc ($96k), Little League Baseball Inc ($96k) and Pittsburgh New Music Ensemble Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $27k. At year end it held assets of $712k against liabilities of $398, net assets of $711k. It reported 1 employees.

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.