Madina Mercy Inc

Analysis

Madina Mercy Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in June 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, Madina Mercy Inc reported income of $1.4m and spending of $1.1m, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $351k to $1.4m (+307%), an average of +102% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Madina Mercy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Fellowship of St James ($1.4m), R 13 Incorporated ($1.4m) and Jeito Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $444k against liabilities of $0, net assets of $444k.