Mercy Community Capital

Analysis

Mercy Community Capital is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Community Capital reported income of $9.8m and spending of $4.0m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.3m to $9.8m (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 41% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Community Capital sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Homeward Bound of Western North Carolina Inc ($9.8m), Elijah House Foundation ($9.8m) and Ann Arbor Housing Development Corporation ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 68% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $125.0m against liabilities of $74.8m, net assets of $50.1m.