Mercy House Inc

Analysis

Mercy House Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Inc reported income of $163k and spending of $126k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $88k to $163k (+86%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mercy House Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Peregrine Global Foundation ($163k), Kizuna Across Cultures ($163k) and Tumaini Project Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.