Mercy Center Ministries Inc
Mercy Center Ministries Inc shows consistent financial growth and zero officer compensation over the past decade.
EIN: 112657115 · Patchogue, NY · NTEE: P450 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| Net Assets | $2.2M |
| Transparency Score | 95/100 |
Is Mercy Center Ministries Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Center Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Center Ministries Inc
Mercy Center Ministries Inc (EIN: 112657115) is a nonprofit organization based in Patchogue, NY, classified under NTEE code P450. The organization reported total revenue of $2.8M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Center Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Center Ministries Inc is a mid-size nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$245K |
| Total Assets | $2.3M |
| Total Liabilities | $90K |
| Net Assets | $2.2M |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 18.5 months |
Financial Health Grade: A
In 2024, Mercy Center Ministries Inc reported a surplus of $245K with revenue exceeding expenses, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Mercy Center Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.3% | +11.5% | +14.7% |
| 2023 | +60.2% | +6.6% | +38.3% |
| 2022 | +3.3% | -17.1% | -17.9% |
| 2021 | +5.5% | +26.1% | -7.5% |
| 2020 | -13.3% | -4.8% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mercy Center Ministries Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mercy Center Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $245K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Mercy Center Ministries Inc reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Mercy Center Ministries Inc:
- Consistent financial surpluses in most years, indicating sound financial management.
- Zero officer compensation reported across all filings, demonstrating a strong commitment to mission-focused spending.
- Significant growth in revenue and assets in recent years, enhancing capacity.
- Low liabilities relative to assets, indicating strong financial stability and solvency.
- Consistent IRS 990 filing history, reflecting good transparency and compliance.
Frequently Asked Questions about Mercy Center Ministries Inc
Is Mercy Center Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Center Ministries Inc (EIN: 112657115) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Mercy Center Ministries Inc spend its money?
Mercy Center Ministries Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy Center Ministries Inc tax-deductible?
Mercy Center Ministries Inc is registered as a tax-exempt nonprofit (EIN: 112657115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mercy Center Ministries Inc's spending goes to programs?
Mercy Center Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mercy Center Ministries Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Mercy Center Ministries Inc is above average for NTEE category P450 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercy Center Ministries Inc located?
Mercy Center Ministries Inc is headquartered in Patchogue, New York and files with the IRS under EIN 112657115. It is classified under NTEE code P450.
How many years of IRS 990 filings does Mercy Center Ministries Inc have?
Mercy Center Ministries Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.8M in total revenue.
Is Mercy Center Ministries Inc a good charity?
Based on the provided financial data, Mercy Center Ministries Inc appears to be a very good charity. It consistently generates surpluses, has growing assets, low liabilities, and notably reports 0% officer compensation, indicating strong financial health and a commitment to its mission.
How has Mercy Center Ministries Inc's revenue changed over time?
Mercy Center Ministries Inc's revenue has shown significant growth. It consistently operated around $1.0M - $1.3M from 2015 to 2021, then saw a substantial increase to $1,919,335 in 2023 and $1,722,133 in 2024, demonstrating an expanding financial capacity.
What is the organization's asset-to-liability ratio?
In the latest filing (202406), Mercy Center Ministries Inc had assets of $2,274,480 and liabilities of $90,330, resulting in a very strong asset-to-liability ratio of approximately 25.18:1, indicating excellent financial stability.
Filing History
IRS 990 filing history for Mercy Center Ministries Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Mercy Center Ministries Inc's revenue has grown by 61.2%, moving from $1.1M to $1.7M. Total assets increased by 35.1% over the same period, from $1.7M to $2.3M. Total functional expenses rose by 35.8%, from $1.1M to $1.5M. In its most recent filing year (2024), Mercy Center Ministries Inc reported a surplus of $245K, with revenue exceeding expenses. The organization holds $90K in liabilities against $2.3M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $1.5M | $2.3M | $90K | — | View 990 |
| 2023 | $1.9M | $1.3M | $2.0M | $86K | — | — |
| 2022 | $1.2M | $1.2M | $1.4M | $119K | — | View 990 |
| 2021 | $1.2M | $1.5M | $1.7M | $310K | — | View 990 |
| 2020 | $1.1M | $1.2M | $1.9M | $140K | — | View 990 |
| 2019 | $1.3M | $1.2M | $2.0M | $169K | — | View 990 |
| 2018 | $1.4M | $1.2M | $2.0M | $180K | — | View 990 |
| 2017 | $1.1M | $1.1M | $1.8M | $197K | — | View 990 |
| 2016 | $1.1M | $1.1M | $1.9M | $289K | — | View 990 |
| 2015 | $1.2M | $1.1M | $1.9M | $333K | — | View 990 |
| 2014 | $1.1M | $1.1M | $1.9M | $347K | — | View 990 |
| 2013 | $1.2M | $1.1M | $1.9M | $361K | — | View 990 |
| 2012 | $1.3M | $1.1M | $1.9M | $349K | — | View 990 |
| 2011 | $1.1M | $1.1M | $1.7M | $347K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.7M, expenses of $1.5M, and assets of $2.3M (revenue -10.3% year-over-year).
- 2023: Revenue of $1.9M, expenses of $1.3M, and assets of $2.0M (revenue +60.2% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $1.4M (revenue +3.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.5M, and assets of $1.7M (revenue +5.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $1.9M (revenue -13.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $2.0M (revenue -6.7% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $2.0M (revenue +20.7% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue +3.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $1.9M (revenue -6.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $1.9M (revenue +6.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $1.9M (revenue -6.5% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $1.9M (revenue -6.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.1M, and assets of $1.9M (revenue +18.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Center Ministries Inc:
Data Sources and Methodology
This transparency report for Mercy Center 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.