Mercy Senior Housing Oxnard

Analysis

Mercy Senior Housing Oxnard is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1995, 31 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 Senior Housing Oxnard reported income of $489k and spending of $603k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $407k to $489k (+20%), an average of +4.7% a year. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Senior Housing Oxnard sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Ahepa 489 Apartments Inc ($489k), Chestnut Senior Housing ($489k) and Whitneystrong Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. At year end it held assets of $1.1m against liabilities of $93k, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.