Mercy Center in

Analysis

Mercy Center in is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2017, 9 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, Mercy Center in reported income of $305k and spending of $322k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $359k to $305k (-15%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mercy Center in sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Truth Tabernacle of Praise ($305k), Grunewald Ministries Inc ($305k) and Higher Purpose Fellowship ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $68k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.