Angels of Mercy Ministries Inc

Analysis

Angels of Mercy Ministries Inc is a registered charity in United States, based in Sanford, FL. 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, Angels of Mercy Ministries Inc reported income of $312k and spending of $303k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $312k (+164%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angels of Mercy Ministries Inc 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 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Strength of a Champion Ministries ($312k), The Upper Room Recovery Community Inc ($312k) and Hopetoday ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $117k (39% of expenses). At year end it held assets of $9,856 against liabilities of $0, net assets of $9,856.