House of Mercy and Encouragement Foundation Inc

Analysis

House of Mercy and Encouragement Foundation Inc is a registered charity in United States, based in Dunedin, FL. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, House of Mercy and Encouragement Foundation Inc reported income of $177k and spending of $212k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $307k to $177k (-42%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, House of Mercy and Encouragement Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include His Joshua House ($177k), Lemon Grove Alano Club Inc ($177k) and Yellow Brick Place ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $98k against liabilities of $29k, net assets of $69k.