Mercy Housing California Senior Properties
Mercy Housing California Senior Properties shows consistent asset growth with minimal reported expenses, suggesting a holding entity role.
EIN: 203177114 · Denver, CO · Updated: 2026-03-28
Is Mercy Housing California Senior Properties Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Housing California Senior Properties directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Housing California Senior Properties
Mercy Housing California Senior Properties (EIN: 203177114) is a nonprofit organization based in Denver, CO. The organization reported total revenue of $586K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Housing California Senior Properties's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Housing California Senior Properties is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $619K |
| Total Expenses | $3K |
| Surplus / Deficit | +$616K |
| Total Assets | $4.4M |
| Total Liabilities | $28K |
| Net Assets | $4.3M |
| Operating Margin | 99.5% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 16702.2 months |
Financial Health Grade: A
In 2023, Mercy Housing California Senior Properties reported a surplus of $616K with revenue exceeding expenses, holds 16702.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercy Housing California Senior Properties's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +190.4% | +16.5% |
| 2021 | -100.0% | +51715.9% | -18.8% |
| 2020 | -43.7% | -9.1% | +14.0% |
| 2019 | +1196.0% | +155.9% | +22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Housing California Senior Properties with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Mercy Housing California Senior Properties allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $616K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, indicating that executive salaries are either paid by a parent organization or are not applicable to this specific entity.
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 Housing California Senior Properties's IRS 990 filings:
- Unusually low reported expenses make traditional financial analysis difficult
- Significant year-to-year fluctuations in revenue and expenses without clear explanation in summary data
- Lack of detailed program spending breakdown due to minimal reported expenses
Strengths
The following positive indicators were identified for Mercy Housing California Senior Properties:
- Consistent growth in assets, from $102,862 in 2014 to $4,364,849 in 2023, indicating financial stability
- Zero reported officer compensation, suggesting efficient use of funds if operational costs are covered elsewhere
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting
Frequently Asked Questions about Mercy Housing California Senior Properties
Is Mercy Housing California Senior Properties a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Housing California Senior Properties (EIN: 203177114) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Mercy Housing California Senior Properties spend its money?
Mercy Housing California Senior Properties directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy Housing California Senior Properties tax-deductible?
Mercy Housing California Senior Properties is registered as a tax-exempt nonprofit (EIN: 203177114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the operational relationship between Mercy Housing California Senior Properties and its parent organization?
The extremely low reported expenses and zero officer compensation strongly suggest that this entity operates as a subsidiary or holding company, with core operational functions and executive compensation likely managed by a related parent entity, Mercy Housing California.
How does Mercy Housing California Senior Properties achieve its mission with such low reported expenses?
Given the minimal expenses, it's probable that the direct costs associated with providing senior housing services (e.g., property management, resident services) are incurred and reported by a different, related entity, while this organization primarily holds assets and receives revenue, potentially from rents or grants that are then passed through or used for capital improvements.
What caused the significant expense spike in 2021 ($1,373,639) compared to other years?
The 2021 expense spike, coupled with $0 revenue, is an outlier. This could represent a major capital improvement, a significant one-time transfer of funds, or an accounting adjustment. Further detail would be needed from the full 990 filing for that year to understand the nature of these expenses.
Filing History
IRS 990 filing history for Mercy Housing California Senior Properties showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercy Housing California Senior Properties's revenue has grown by 185.6%, moving from $217K to $619K. Total assets increased by 721.7% over the same period, from $531K to $4.4M. Total functional expenses fell by 95.7%, from $72K to $3K. In its most recent filing year (2023), Mercy Housing California Senior Properties reported a surplus of $616K, with revenue exceeding expenses. The organization holds $28K in liabilities against $4.4M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $619K | $3K | $4.4M | $28K | — | — |
| 2022 | $567K | $1K | $3.7M | $25K | — | View 990 |
| 2021 | $0 | $1.4M | $3.2M | $24K | — | View 990 |
| 2020 | $353K | $3K | $3.9M | $21K | — | View 990 |
| 2019 | $628K | $3K | $3.4M | $18K | — | View 990 |
| 2018 | $48K | $1K | $2.8M | $15K | — | View 990 |
| 2017 | $1.5M | $130 | $2.8M | $14K | — | View 990 |
| 2016 | $960K | $2K | $1.3M | $14K | — | View 990 |
| 2015 | $658K | $4K | $290K | $12K | — | View 990 |
| 2014 | $0 | $186K | $103K | $478K | — | — |
| 2013 | $0 | $163K | $287K | $476K | — | View 990 |
| 2012 | $0 | $160K | $448K | $473K | — | View 990 |
| 2011 | $217K | $72K | $531K | $397K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $619K, expenses of $3K, and assets of $4.4M (revenue +9.2% year-over-year).
- 2022: Revenue of $567K, expenses of $1K, and assets of $3.7M.
- 2021: Revenue of $0, expenses of $1.4M, and assets of $3.2M (revenue -100.0% year-over-year).
- 2020: Revenue of $353K, expenses of $3K, and assets of $3.9M (revenue -43.7% year-over-year).
- 2019: Revenue of $628K, expenses of $3K, and assets of $3.4M (revenue +1196.0% year-over-year).
- 2018: Revenue of $48K, expenses of $1K, and assets of $2.8M (revenue -96.8% year-over-year).
- 2017: Revenue of $1.5M, expenses of $130, and assets of $2.8M (revenue +57.1% year-over-year).
- 2016: Revenue of $960K, expenses of $2K, and assets of $1.3M (revenue +46.0% year-over-year).
- 2015: Revenue of $658K, expenses of $4K, and assets of $290K.
- 2014: Revenue of $0, expenses of $186K, and assets of $103K.
- 2013: Revenue of $0, expenses of $163K, and assets of $287K.
- 2012: Revenue of $0, expenses of $160K, and assets of $448K (revenue -100.0% year-over-year).
- 2011: Revenue of $217K, expenses of $72K, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Housing California Senior Properties:
Data Sources and Methodology
This transparency report for Mercy Housing California Senior Properties 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.