New Mercies Biblical Counseling Inc
Analysis
New Mercies Biblical Counseling Inc is a registered charity in United States, based in Meansville, GA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, New Mercies Biblical Counseling Inc reported income of $95k and spending of $77k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $95k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 79% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mercies Biblical Counseling Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include Medina Creative Living Inc ($95k), Ebf Inc ($95k) and Quiet Creek Herb Farm & School Country Living ($95k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 36% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 36%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Medina Creative Living Inc | Medina | $95k |
| Ebf Inc | Lawrenceville | $95k |
| Quiet Creek Herb Farm & School Country Living | Brookville | $95k |
| The Albuquerque Chapter of the Military Officers Association of a | Albuquerque | $95k |