Mercy Housing Management Group Inc

Analysis

Mercy Housing Management Group Inc is a registered charity in United States, based in Denver, CO. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Housing Management Group Inc reported income of $22.6m and spending of $26.7m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.0m to $22.6m (+7.7%), an average of +1.9% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Housing Management Group Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include South Central Community Action Program Inc ($22.6m), Smith Agency ($22.6m) and Bradley Center ($22.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $11.1m. At year end it held assets of $104.8m against liabilities of $111.9m, net assets of -$7.1m. It reported 1,513 employees.