Mercy Coop & Cafe a NJ Nonprofit Corporation

Analysis

Mercy Coop & Cafe a NJ Nonprofit Corporation is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Coop & Cafe a NJ Nonprofit Corporation reported income of $317k and spending of $296k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $317k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Coop & Cafe a NJ Nonprofit Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Grace of God Rescue Mission Inc ($317k), Triumphant Together ($317k) and Gilmer Community Food Pantry ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.