Mercy Housing Northwest

Analysis

Mercy Housing Northwest is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2009, 17 years ago. 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, Mercy Housing Northwest reported income of $16.0m and spending of $11.1m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.3m to $16.0m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Housing Northwest sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Livewell Alliance Inc ($16.0m), St Edmonds Home for Crippled Children ($16.0m) and Oklahoma Christian Schools Incorporated ($16.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 76% of the total. At year end it held assets of $140.4m against liabilities of $56.2m, net assets of $84.2m.