Mercy Home For Children
Mercy Home For Children maintains stable operations with growing assets and no reported officer compensation.
EIN: 111666227 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29.3M |
| Total Expenses | $22.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $18.8M |
| Transparency Score | 85/100 |
Is Mercy Home For Children Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Home For Children directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Home For Children
Mercy Home For Children (EIN: 111666227) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $29.3M and total assets of $31.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Home For Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Home For Children is a large nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.3M |
| Total Expenses | $22.6M |
| Surplus / Deficit | $-378,493 |
| Total Assets | $32.1M |
| Total Liabilities | $13.3M |
| Net Assets | $18.8M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 17.0 months |
Financial Health Grade: B
In 2023, Mercy Home For Children reported a deficit of $378K with expenses exceeding revenue, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercy Home For Children's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.9% | -2.7% | -7.9% |
| 2022 | +6.5% | +20.0% | +2.0% |
| 2021 | +17.2% | -1.3% | +25.4% |
| 2020 | -0.6% | +2.7% | +7.8% |
| 2019 | +10.8% | +0.1% | +26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Home For Children with a Mission Score of 85 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 Home For Children 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 deficit of $378K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with revenues exceeding $20 million annually. This could indicate that executive roles are entirely volunteer-based or that compensation is categorized under other expense lines, requiring deeper scrutiny to understand actual executive remuneration.
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.
Red Flags
The following concerns were identified during AI analysis of Mercy Home For Children's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for Mercy Home For Children:
- Consistent revenue generation, with latest revenue at $29,276,418.
- Significant growth in assets, from $20,054,345 in 2018 to $32,143,235 in 2023, indicating financial stability and capacity.
- Long history of IRS 990 filings (13 filings), suggesting transparency and established operations.
- Generally stable financial operations with revenues often exceeding or closely matching expenses.
Frequently Asked Questions about Mercy Home For Children
Is Mercy Home For Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Home For Children (EIN: 111666227) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mercy Home For Children spend its money?
Mercy Home For Children directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy Home For Children tax-deductible?
Mercy Home For Children is registered as a tax-exempt nonprofit (EIN: 111666227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mercy Home For Children CEO make?
Mercy Home For Children's highest-compensated officer earns $20 annually. The organization reported $29.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mercy Home For Children's spending goes to programs?
Mercy Home For Children directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mercy Home For Children located?
Mercy Home For Children is headquartered in Brooklyn, New York and files with the IRS under EIN 111666227.
How many years of IRS 990 filings does Mercy Home For Children have?
Mercy Home For Children has 13 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 $29.3M in total revenue.
Is Mercy Home For Children a good charity?
Based on the available data, Mercy Home For Children appears to be a financially stable organization with growing assets and consistent revenue streams. The absence of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, assuming executive functions are adequately supported. Its consistent operations over a long period suggest a well-established and impactful presence.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with annual revenues in the tens of millions. This could mean that executive leadership is entirely volunteer, or that compensation for key management is reported under different expense categories (e.g., program services or administrative expenses) rather than specifically as 'officer compensation' on the 990, Part VII, Section A. Further investigation into their detailed expense breakdowns would be necessary to clarify this.
How has the organization's financial health changed over time?
Mercy Home For Children has demonstrated consistent financial growth and stability. Revenues have increased from approximately $18 million in 2018 to over $22 million in 2023, and assets have grown significantly from $20 million to over $32 million in the same period. While there was a slight operational deficit in 2023, the overall trend shows healthy financial management and growth in net assets.
Filing History
IRS 990 filing history for Mercy Home For Children showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercy Home For Children's revenue has grown by 15.7%, moving from $19.2M to $22.3M. Total assets increased by 62.2% over the same period, from $19.8M to $32.1M. Total functional expenses rose by 23.4%, from $18.4M to $22.6M. In its most recent filing year (2023), Mercy Home For Children reported a deficit of $378K, with expenses exceeding revenue. The organization holds $13.3M in liabilities against $32.1M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $18.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.3M | $22.6M | $32.1M | $13.3M | — | View 990 |
| 2022 | $25.0M | $23.3M | $34.9M | $16.2M | — | View 990 |
| 2021 | $23.5M | $19.4M | $34.2M | $15.5M | — | View 990 |
| 2020 | $20.0M | $19.7M | $27.3M | $13.5M | — | View 990 |
| 2019 | $20.1M | $19.2M | $25.3M | $11.9M | — | View 990 |
| 2018 | $18.2M | $19.1M | $20.1M | $7.9M | — | View 990 |
| 2017 | $19.0M | $18.5M | $18.7M | $5.3M | — | View 990 |
| 2016 | $19.0M | $18.1M | $19.0M | $6.7M | — | View 990 |
| 2015 | $18.4M | $18.6M | $22.8M | $10.9M | — | View 990 |
| 2014 | $19.9M | $19.6M | $21.5M | $8.8M | — | View 990 |
| 2013 | $18.8M | $19.3M | $20.3M | $8.5M | — | View 990 |
| 2012 | $16.7M | $17.4M | $22.6M | $10.6M | — | View 990 |
| 2011 | $19.2M | $18.4M | $19.8M | $6.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.3M, expenses of $22.6M, and assets of $32.1M (revenue -10.9% year-over-year).
- 2022: Revenue of $25.0M, expenses of $23.3M, and assets of $34.9M (revenue +6.5% year-over-year).
- 2021: Revenue of $23.5M, expenses of $19.4M, and assets of $34.2M (revenue +17.2% year-over-year).
- 2020: Revenue of $20.0M, expenses of $19.7M, and assets of $27.3M (revenue -0.6% year-over-year).
- 2019: Revenue of $20.1M, expenses of $19.2M, and assets of $25.3M (revenue +10.8% year-over-year).
- 2018: Revenue of $18.2M, expenses of $19.1M, and assets of $20.1M (revenue -4.2% year-over-year).
- 2017: Revenue of $19.0M, expenses of $18.5M, and assets of $18.7M (revenue -0.2% year-over-year).
- 2016: Revenue of $19.0M, expenses of $18.1M, and assets of $19.0M (revenue +3.5% year-over-year).
- 2015: Revenue of $18.4M, expenses of $18.6M, and assets of $22.8M (revenue -7.7% year-over-year).
- 2014: Revenue of $19.9M, expenses of $19.6M, and assets of $21.5M (revenue +6.2% year-over-year).
- 2013: Revenue of $18.8M, expenses of $19.3M, and assets of $20.3M (revenue +12.2% year-over-year).
- 2012: Revenue of $16.7M, expenses of $17.4M, and assets of $22.6M (revenue -13.1% year-over-year).
- 2011: Revenue of $19.2M, expenses of $18.4M, and assets of $19.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Home For Children:
Data Sources and Methodology
This transparency report for Mercy Home For Children 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.