Mercy House Initiative

Analysis

Mercy House Initiative is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 House Initiative reported income of $298k and spending of $330k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $513k to $298k (-42%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mercy House Initiative sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Open Doors Inc ($298k), African Leadership Development ($298k) and Victory Outreach of the Capital City Austin ($298k).

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 $37k (11% of expenses). Other salaries and wages came to $50k. At year end it held assets of $118k against liabilities of $12k, net assets of $106k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.