Mercy Center Inc

Analysis

Mercy Center Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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 Center Inc reported income of $512k and spending of $515k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $512k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Horizon Lodge Inc ($512k), Big Thompson Manor II ($512k) and Lake Harriet Montessori School Inc ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $174k (34% of expenses). Other salaries and wages came to $37k. At year end it held assets of $597k against liabilities of $1,792, net assets of $595k. It reported 3 employees.