Mercy Pedalers Inc

Analysis

Mercy Pedalers Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Pedalers Inc reported income of $135k and spending of $45k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $135k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Pedalers Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Maisha Kamili ($135k), Ammasthana Inc ($135k) and Trustees Education Network Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $424k against liabilities of $0, net assets of $424k.