Mercy Seat Assembly

Analysis

Mercy Seat Assembly is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2018, Mercy Seat Assembly reported income of $200k and spending of $159k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2017 to December 2018, income grew from $200k to $200k (+0.0%), an average of +0.0% a year. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mercy Seat Assembly 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 54th percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Keren Bnos Menachem Inc ($200k), Ryosen-An Hawaii Betsuin ($200k) and Apostolos Missions International ($200k).

On its Form 990 for the period ending December 2018, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (30% of expenses). At year end it held assets of $142k against liabilities of $809, net assets of $141k. It reported 1 employees.