Mercy Foundation North

Analysis

Mercy Foundation North is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Mercy Foundation North reported income of $4.3m and spending of $1.2m, leaving 71% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $4.3m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 111%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Foundation North sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Newtown Montessori Society Inc ($4.3m), Stanco Affordable Housing Corporation ($4.3m) and Icon Preparatory School Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $15.9m against liabilities of $12k, net assets of $15.9m.