Mercy Family Center

Analysis

Mercy Family Center is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, Mercy Family Center reported income of $1.3m and spending of $2.9m, spending 225% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.3m (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 204% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Family Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include Hialeah Elderly Housing Inc ($1.3m), Volunteers of America Inc ($1.3m) and Broadmoor United Methodist Preschool ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 50% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $562k against liabilities of $100k, net assets of $463k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.