Hands of Mercy Enterprises of Roane County Inc

Analysis

Hands of Mercy Enterprises of Roane County Inc is a registered charity in United States, based in Kingston, TN. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Hands of Mercy Enterprises of Roane County Inc reported income of $141k and spending of $117k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $92k to $141k (+52%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 197%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands of Mercy Enterprises of Roane County Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include Helping Others Promoting Empowerment to New Heights Inc ($141k), Exito Inc ($141k) and Rustys Bicycle Recycle Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $190k against liabilities of $402, net assets of $190k.