Mercy Properties California

Analysis

Mercy Properties California is a registered charity in United States, based in Denver, CO. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Properties California reported income of $808k and spending of $2.3m, spending 287% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $808k (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 357%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Properties California sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Chest of Hope Inc ($808k), Orange County Fair Housing ($809k) and Aha Development Corporation ($808k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $8.8m against liabilities of $3.2m, net assets of $5.6m.