Mercy Center Ministries Inc

Analysis

Mercy Center Ministries Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Mercy Center Ministries Inc reported income of $151k and spending of $84k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $22k to $151k (+591%), an average of +591% a year. The sharpest change came in the year to December 2022, when income rose by 591%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Center Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Remanso de Esperanza Inc ($151k), Vision Coordination Services Inc ($151k) and Healing Outreach Professional Endeavors Inc ($151k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 36% of the total. At year end it held assets of $21k against liabilities of $13k, net assets of $8,573.