Mercy Housing Wheaton Nfp
EIN: 272239991 · Denver, CO · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $3.3M |
| Net Assets | $-16,892,741 |
Is Mercy Housing Wheaton Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mercy Housing Wheaton Nfp
Mercy Housing Wheaton Nfp (EIN: 272239991) is a nonprofit organization based in Denver, CO, classified under NTEE code L21. The organization reported total revenue of $4.0M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Housing Wheaton Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Housing Wheaton Nfp is a mid-size nonprofit that has been operating for 14 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-1,633,901 |
| Total Assets | $-16,565,226 |
| Total Liabilities | $328K |
| Net Assets | $-16,892,741 |
| Operating Margin | -96.7% |
| Months of Reserves | -59.8 months |
Financial Health Grade: D
In 2023, Mercy Housing Wheaton Nfp reported a deficit of $1.6M with expenses exceeding revenue, holds -59.8 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.6% | -30.8% | — |
| 2022 | -59.9% | -72.4% | — |
| 2021 | +1441.1% | +70.0% | — |
| 2020 | -74.9% | +51.3% | — |
| 2019 | +34.8% | +95.9% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mercy Housing Wheaton Nfp 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 Housing Wheaton Nfp 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 $1.6M, with expenses exceeding revenue.
Frequently Asked Questions about Mercy Housing Wheaton Nfp
Is Mercy Housing Wheaton Nfp a legitimate charity?
Mercy Housing Wheaton Nfp (EIN: 272239991) is a registered tax-exempt nonprofit based in Colorado. It has 7 years of IRS 990 filings on record. Total revenue: $4.0M. No red flags identified. Financial health grade: D.
How does Mercy Housing Wheaton Nfp spend its money?
Mercy Housing Wheaton Nfp reported $4.0M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mercy Housing Wheaton Nfp tax-deductible?
Mercy Housing Wheaton Nfp is registered as a tax-exempt nonprofit (EIN: 272239991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mercy Housing Wheaton Nfp located?
Mercy Housing Wheaton Nfp is headquartered in Denver, Colorado and files with the IRS under EIN 272239991. It is classified under NTEE code L21.
How many years of IRS 990 filings does Mercy Housing Wheaton Nfp have?
Mercy Housing Wheaton Nfp has 7 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 $4.0M in total revenue.
Filing History
IRS 990 filing history for Mercy Housing Wheaton Nfp showing financial trends over 7 years of public records:
Total assets decreased by 1656522700% over the same period, from $1 to $-16,565,226. In its most recent filing year (2023), Mercy Housing Wheaton Nfp reported a deficit of $1.6M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $3.3M | $-16,565,226 | $328K | — | — |
| 2022 | $5.8M | $4.8M | $-15,044,788 | $214K | — | View 990 |
| 2021 | $14.3M | $17.4M | $-15,968,467 | $241K | — | View 990 |
| 2020 | $930K | $10.3M | $-12,864,312 | $243K | — | View 990 |
| 2019 | $3.7M | $6.8M | $-3,650,434 | $129K | — | View 990 |
| 2018 | $2.8M | $3.5M | $-692,242 | $16K | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $3.3M, and assets of $-16,565,226 (revenue -70.6% year-over-year).
- 2022: Revenue of $5.8M, expenses of $4.8M, and assets of $-15,044,788 (revenue -59.9% year-over-year).
- 2021: Revenue of $14.3M, expenses of $17.4M, and assets of $-15,968,467 (revenue +1441.1% year-over-year).
- 2020: Revenue of $930K, expenses of $10.3M, and assets of $-12,864,312 (revenue -74.9% year-over-year).
- 2019: Revenue of $3.7M, expenses of $6.8M, and assets of $-3,650,434 (revenue +34.8% year-over-year).
- 2018: Revenue of $2.8M, expenses of $3.5M, and assets of $-692,242.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Housing Wheaton Nfp:
Data Sources and Methodology
This transparency report for Mercy Housing Wheaton Nfp 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.