Stateline Works of Mercy Inc

Analysis

Stateline Works of Mercy Inc is a registered charity in United States, based in Beloit, WI. It received its IRS tax-exemption ruling in November 2021, 5 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, Stateline Works of Mercy Inc reported income of $76k and spending of $21k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $76k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stateline Works of Mercy Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WI. Charities of a similar size with the same main cause include Cherokee County Sharing Center Inc ($76k), Cape Royal Community Foundation Inc ($76k) and McDuffie County Partners for Success Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $148k against liabilities of $317, net assets of $148k.