Mercygift

Analysis

Mercygift is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercygift reported income of $194k and spending of $147k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $194k (+124%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mercygift sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Jewish American Heritage Alliance ($194k), Shine School Partnership ($194k) and Marsha Mansour Ministries ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.