Mercy Haven Inc
Mercy Haven Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 112783877 · Islip Terrace, NY · NTEE: L200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $9.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $4.6M |
| Transparency Score | 90/100 |
Is Mercy Haven Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Haven Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Haven Inc
Mercy Haven Inc (EIN: 112783877) is a nonprofit organization based in Islip Terrace, NY, classified under NTEE code L200. The organization reported total revenue of $11.0M and total assets of $19.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Haven Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Haven Inc is a large nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.2M |
| Total Expenses | $9.6M |
| Surplus / Deficit | +$640K |
| Total Assets | $19.3M |
| Total Liabilities | $14.7M |
| Net Assets | $4.6M |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 76.2% |
| Months of Reserves | 24.1 months |
Financial Health Grade: A
In 2023, Mercy Haven Inc reported a surplus of $640K with revenue exceeding expenses, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 76.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Mercy Haven Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +9.4% | +2.4% |
| 2022 | +37.9% | +13.6% | +5.8% |
| 2021 | -7.2% | +2.9% | -0.4% |
| 2020 | -6.3% | -4.8% | +60.4% |
| 2018 | +10.9% | +3.7% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Haven Inc with a Mission Score of 90 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 Haven 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $640K, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.2%.
Executive Compensation Analysis
Mercy Haven Inc. reports 0% officer compensation across all provided filing periods, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a highly positive sign for an organization of its size with over $11 million in annual revenue.
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 Haven Inc:
- Consistent revenue growth, increasing from $6.9 million in 2014 to over $11 million currently.
- Significant asset accumulation, growing from $8.8 million in 2014 to $19.3 million currently.
- Zero reported officer compensation across all filing periods, indicating strong financial stewardship.
- Positive net income in recent years (e.g., 202312: $10.2M revenue vs. $9.5M expenses), demonstrating financial sustainability.
- Long history of IRS 990 filings (12 filings), indicating good transparency and compliance.
Frequently Asked Questions about Mercy Haven Inc
Is Mercy Haven Inc a legitimate charity?
Mercy Haven Inc (EIN: 112783877) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $11.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Mercy Haven Inc spend its money?
Mercy Haven Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mercy Haven Inc tax-deductible?
Mercy Haven Inc is registered as a tax-exempt nonprofit (EIN: 112783877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mercy Haven Inc CEO make?
Mercy Haven Inc's highest-compensated officer earns $11 annually. The organization reported $11.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mercy Haven Inc's spending goes to programs?
Mercy Haven Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mercy Haven Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mercy Haven Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercy Haven Inc located?
Mercy Haven Inc is headquartered in Islip Terrace, New York and files with the IRS under EIN 112783877. It is classified under NTEE code L200.
How many years of IRS 990 filings does Mercy Haven Inc have?
Mercy Haven Inc has 12 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 $11.0M in total revenue.
Is Mercy Haven Inc. financially stable?
Yes, Mercy Haven Inc. appears financially stable, demonstrating consistent revenue growth from $6.9 million in 2014 to over $11 million currently, and a healthy increase in assets from $8.8 million to $19.3 million over the same period. They have also maintained positive net income in recent years.
Does Mercy Haven Inc. pay its executives excessively?
No, based on the provided data, Mercy Haven Inc. reports 0% officer compensation across all available filing periods, suggesting no compensation was paid to its officers, directors, trustees, or key employees.
How has Mercy Haven Inc.'s asset base changed over time?
Mercy Haven Inc.'s asset base has shown significant growth, increasing from $8,846,139 in 2014 to $19,365,227 currently, indicating strong financial health and capacity building.
What is Mercy Haven Inc.'s recent financial performance?
In the 202312 period, Mercy Haven Inc. reported revenues of $10,225,278 against expenses of $9,584,891, resulting in a positive net income. Their latest reported revenue is $11,011,431.
Filing History
IRS 990 filing history for Mercy Haven Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mercy Haven Inc's revenue has grown by 60.8%, moving from $6.4M to $10.2M. Total assets increased by 143.7% over the same period, from $7.9M to $19.3M. Total functional expenses rose by 42.3%, from $6.7M to $9.6M. In its most recent filing year (2023), Mercy Haven Inc reported a surplus of $640K, with revenue exceeding expenses. The organization holds $14.7M in liabilities against $19.3M in assets (debt-to-asset ratio: 76.2%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.2M | $9.6M | $19.3M | $14.7M | — | — |
| 2022 | $10.2M | $8.8M | $18.8M | $14.9M | — | View 990 |
| 2021 | $7.4M | $7.7M | $17.8M | $15.2M | — | View 990 |
| 2020 | $8.0M | $7.5M | $17.9M | $15.0M | — | View 990 |
| 2018 | $8.5M | $7.9M | $11.1M | $8.9M | — | View 990 |
| 2017 | $7.7M | $7.6M | $10.5M | $8.8M | — | View 990 |
| 2016 | $7.6M | $7.5M | $11.2M | $9.7M | — | View 990 |
| 2015 | $7.2M | $7.3M | $9.8M | $8.4M | — | View 990 |
| 2014 | $7.0M | $7.1M | $8.8M | $7.3M | — | View 990 |
| 2013 | $6.6M | $7.0M | $9.1M | $7.5M | — | View 990 |
| 2012 | $6.5M | $6.7M | $8.5M | $6.4M | — | View 990 |
| 2011 | $6.4M | $6.7M | $7.9M | $5.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.2M, expenses of $9.6M, and assets of $19.3M (revenue -0.1% year-over-year).
- 2022: Revenue of $10.2M, expenses of $8.8M, and assets of $18.8M (revenue +37.9% year-over-year).
- 2021: Revenue of $7.4M, expenses of $7.7M, and assets of $17.8M (revenue -7.2% year-over-year).
- 2020: Revenue of $8.0M, expenses of $7.5M, and assets of $17.9M (revenue -6.3% year-over-year).
- 2018: Revenue of $8.5M, expenses of $7.9M, and assets of $11.1M (revenue +10.9% year-over-year).
- 2017: Revenue of $7.7M, expenses of $7.6M, and assets of $10.5M (revenue +0.8% year-over-year).
- 2016: Revenue of $7.6M, expenses of $7.5M, and assets of $11.2M (revenue +5.8% year-over-year).
- 2015: Revenue of $7.2M, expenses of $7.3M, and assets of $9.8M (revenue +3.2% year-over-year).
- 2014: Revenue of $7.0M, expenses of $7.1M, and assets of $8.8M (revenue +6.6% year-over-year).
- 2013: Revenue of $6.6M, expenses of $7.0M, and assets of $9.1M (revenue +0.3% year-over-year).
- 2012: Revenue of $6.5M, expenses of $6.7M, and assets of $8.5M (revenue +2.7% year-over-year).
- 2011: Revenue of $6.4M, expenses of $6.7M, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Haven Inc:
Data Sources and Methodology
This transparency report for Mercy Haven 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.