Merciful Ministry

Analysis

Merciful Ministry is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in April 2020, 6 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, Merciful Ministry reported income of $485k and spending of $55k, leaving 89% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $915k to $485k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Merciful Ministry sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include True Impact Ministries Inc ($485k), Dimitri House Inc ($485k) and Cares of Farmington Hills Inc ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.7m against liabilities of $15k, net assets of $1.7m.