Mercy for Life Corp

Analysis

Mercy for Life Corp is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 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 (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 for Life Corp reported income of $186k and spending of $149k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $216k to $186k (-14%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy for Life Corp sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Asi Minot Inc ($186k), Rehmann Foundation ($186k) and San Bernardino Police Foundation ($186k).

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 $38k against liabilities of $0, net assets of $38k.