Memphis Mission of Mercy Inc

Analysis

Memphis Mission of Mercy Inc is a registered charity in United States, based in Arlington, TN. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Memphis Mission of Mercy Inc reported income of $68k and spending of $61k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $132k to $68k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Memphis Mission of Mercy Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Midwife Me Ltd ($68k), Cap for Kids ($68k) and Bethany Homes and Methodist Hospital ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $491k against liabilities of $0, net assets of $491k.