Mercy Nairobi Foundation Inc

Analysis

Mercy Nairobi Foundation Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2022, 4 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 Nairobi Foundation Inc reported income of $768k and spending of $603k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $355k to $768k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mercy Nairobi Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Center for the Practice of Zen Buddhist Meditation ($768k), Yeshiva of Miami Inc ($768k) and Cloud Walk Worldwide Inc ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $422k. At year end it held assets of $504k against liabilities of $0, net assets of $504k. It reported 8 employees.