Mercy Community Housing Georgia

Analysis

Mercy Community Housing Georgia is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2003, 23 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Community Housing Georgia reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $875k to $1.3m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Community Housing Georgia sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include The Discovery Center ($1.3m), Stillpoint Marthas Vineyard Inc ($1.3m) and The Mediation Group Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. At year end it held assets of $10.0m against liabilities of $9.5m, net assets of $475k.