Mercy Housing Franciscan Campus Inc

Analysis

Mercy Housing Franciscan Campus Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Housing Franciscan Campus Inc reported income of $128k and spending of $419k, spending 328% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $128k (+2.6%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 347% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Housing Franciscan Campus Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Wills Manor Housing Corporation ($128k), Credo Housing Development Corporation ($128k) and Jarred Dezonia Foundation ($128k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 60% of the total. At year end it held assets of $4.5m against liabilities of $6.6m, net assets of -$2.1m.

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.