Mercer Island Community Fund

Analysis

Mercer Island Community Fund is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mercer Island Community Fund reported income of $84k and spending of $68k, spending 81% of its income. Over the whole period it spent 164% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mercer Island Community Fund 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 32nd percentile, and in the 27th percentile within WA. Charities of a similar size with the same main cause include Altavista Community Development Committee Corp ($84k), Historic Lebanon Tomorrow Inc ($84k) and Town of Mayesville Community Development Corporation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $363k against liabilities of $0, net assets of $363k.