Mercy House Inc

Analysis

Mercy House Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in March 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 (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 House Inc reported income of $2.0m and spending of $1.2m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $2.0m (+578%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 212%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy House Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Opica Adult Day Program & Counseling Center ($2.0m), Lifetown Inc ($2.0m) and Fair Acres Family Y Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $73k (6.3% of expenses). Other salaries and wages came to $494k. At year end it held assets of $1.2m against liabilities of $4,576, net assets of $1.2m. It reported 9 employees.