Mercy Properties II Inc

Analysis

Mercy Properties II Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Properties II Inc reported income of $90k and spending of $145k, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $90k (+405%), an average of +405% a year. The sharpest change came in the year to December 2023, when income rose by 405%. Over the whole period it spent 153% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Properties II Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include Elgin Sports Hall of Fame Foundation Inc ($90k), Gilbert Herrera Evangelistic Association Inc ($90k) and Chakra Institute Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $20k against liabilities of $143k, net assets of -$123k.