Mercy Housing West

Analysis

Mercy Housing West is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Mercy Housing West reported income of $8.9m and spending of $6.3m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $8.9m (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Housing West sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($8.8m), The Ozarks Methodist Manor ($8.9m) and Association of Community College Trustees ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. At year end it held assets of $56.1m against liabilities of $19.5m, net assets of $36.6m.