Mercy Ministries

Analysis

Mercy Ministries is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Ministries reported income of $110k and spending of $83k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $110k (+0.4%), an average of +0.4% a year. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mercy Ministries sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within AZ. Charities of a similar size with the same main cause include Downtown Oklahoma City Initiatives Inc ($110k), Kingman Main Street ($110k) and Berks Business Education Coalition ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.