Mercy Properties Washington

Analysis

Mercy Properties Washington is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Properties Washington reported income of $151k and spending of $158k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $151k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 240%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Properties Washington 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 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Building Restoration in Christ Kingdom Brick Inc ($151k), Specialized Housing VII ($151k) and East Oak Place ($151k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.7m against liabilities of $454k, net assets of $2.2m.