Mercy Housing Northwest-Idaho Inc

Analysis

Mercy Housing Northwest-Idaho Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2012, 14 years ago. 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 Northwest-Idaho Inc reported income of $224k and spending of $160k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $224k (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Housing Northwest-Idaho Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Bancroft Elmentary School Parent- Faculty Club ($224k), American Water Works Association ($224k) and Hale Makua Foundation ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 24% of the total. At year end it held assets of $1.6m against liabilities of $2.6m, net assets of -$973k.