New Mercy Outreach Inc

Analysis

New Mercy Outreach Inc is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in September 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 2022, New Mercy Outreach Inc reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $111k to $1.5m (+1237%), an average of +266% a year. The sharpest change came in the year to December 2021, when income rose by 669%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mercy Outreach Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Operaton Care Inc ($1.5m), Bestself Foundation Inc ($1.5m) and Health Education Advocacy and Learning Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $406k. At year end it held assets of $98k against liabilities of $7,514, net assets of $91k. It reported 42 employees.