Mercy & Truth Healthcare Ministry Inc
Analysis
Mercy & Truth Healthcare Ministry Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 & Truth Healthcare Ministry Inc reported income of $2.1m and spending of $3.0m, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 100% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy & Truth Healthcare Ministry Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within KS. Charities of a similar size with the same main cause include Hope Hospice Inc ($2.1m), Pioneer Community Care Inc ($2.1m) and Heals Inc ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $3.8m against liabilities of $1.9m, net assets of $2.0m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 44%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Hospice Inc | Pittsburgh | $2.1m |
| Pioneer Community Care Inc | Coldwater | $2.1m |
| Heals Inc | Huntsville | $2.1m |
| National Alliance on Mental Illness of Massachusetts Inc | Woburn | $2.1m |