Grace and Mercy Community Outreach Inc

Analysis

Grace and Mercy Community Outreach Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace and Mercy Community Outreach Inc reported income of $196k and spending of $196k, spending 100% of its income. The sharpest change came in the year to November 2022, when income rose by 90%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace and Mercy Community Outreach Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Our Daily Bread Soup Kitchen Foundation ($196k), Rio Grande Community Farms ($196k) and KLS Community Food Pantry ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.