Mercy And Truth Christian Ministries Inc
EIN: 822585429 · Elkin, NC · NTEE: P80
Is Mercy And Truth Christian Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mercy And Truth Christian Ministries Inc
Mercy And Truth Christian Ministries Inc (EIN: 822585429) is a nonprofit organization based in Elkin, NC, classified under NTEE code P80. The organization reported total revenue of $304K and total assets of $197K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy And Truth Christian Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy And Truth Christian Ministries Inc is a small nonprofit that has been operating for 9 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $197K |
| Surplus / Deficit | $-2,652 |
| Total Assets | $137K |
| Net Assets | $137K |
| Operating Margin | -1.4% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, Mercy And Truth Christian Ministries Inc reported a deficit of $3K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mercy And Truth Christian Ministries Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mercy And Truth Christian Ministries Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Mercy And Truth Christian Ministries Inc
Is Mercy And Truth Christian Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy And Truth Christian Ministries Inc (EIN: 822585429) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mercy And Truth Christian Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Mercy And Truth Christian Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Mercy And Truth Christian Ministries Inc tax-deductible?
Mercy And Truth Christian Ministries Inc is registered as a tax-exempt nonprofit (EIN: 822585429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Mercy And Truth Christian Ministries Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Mercy And Truth Christian Ministries Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $197K | $137K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Mercy And Truth Christian Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.