Merced Rescue Mission Support Corporation

Analysis

Merced Rescue Mission Support Corporation is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Merced Rescue Mission Support Corporation reported income of $361k and spending of $488k, spending 135% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $2,500 to $361k (+14357%), an average of +1102% a year. The sharpest change came in the year to June 2023, when income rose by 1566%. Over the whole period it spent 156% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Merced Rescue Mission Support Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Gardella Plaza Inc ($361k), Jawonio Residential Opportunities III Inc ($361k) and Breaking Ground III Housing Development Fund Corporation ($361k).

At year end it held assets of $12.2m against liabilities of $12.4m, net assets of -$233k.