Mercy Housing Calwest

Analysis

Mercy Housing Calwest is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Calwest reported income of $17.8m and spending of $21.3m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.2m to $17.8m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 42% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Housing Calwest 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 Chai House II Inc ($17.7m), Cedar Falls Lutheran Home ($17.8m) and Energy Resource Center ($17.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. At year end it held assets of $87.9m against liabilities of $106.2m, net assets of -$18.2m.