Mercy Life Inc
EIN: 453086711 · W Springfield, MA
| Metric | Value |
|---|---|
| Total Revenue | $23.2M |
| Total Expenses | $18.2M |
| Net Assets | $11.6M |
Is Mercy Life Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mercy Life Inc
Mercy Life Inc (EIN: 453086711) is a nonprofit organization based in W Springfield, MA. The organization reported total revenue of $23.2M and total assets of $22.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Life Inc is a large nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.4M |
| Total Expenses | $18.2M |
| Surplus / Deficit | +$6.2M |
| Total Assets | $16.8M |
| Total Liabilities | $5.2M |
| Net Assets | $11.6M |
| Operating Margin | 25.4% |
| Debt-to-Asset Ratio | 30.7% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2023, Mercy Life Inc reported a surplus of $6.2M with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 30.7% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.5% | +1.3% | +50.8% |
| 2022 | +0.7% | -15.2% | +70.5% |
| 2021 | -10.0% | -21.7% | +119.8% |
| 2020 | +22.8% | +12.1% | -1.3% |
| 2019 | +23.4% | +37.2% | -33.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mercy Life Inc 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 Life Inc 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 surplus of $6.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.7%.
Frequently Asked Questions about Mercy Life Inc
Is Mercy Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Life Inc (EIN: 453086711) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mercy Life Inc spend its money?
Detailed spending breakdown data is not yet available for Mercy Life Inc. Check back for updated IRS 990 analysis.
Are donations to Mercy Life Inc tax-deductible?
Mercy Life Inc is registered as a tax-exempt nonprofit (EIN: 453086711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mercy Life Inc located?
Mercy Life Inc is headquartered in W Springfield, Massachusetts and files with the IRS under EIN 453086711.
How many years of IRS 990 filings does Mercy Life Inc have?
Mercy Life 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 $23.2M in total revenue.
Filing History
IRS 990 filing history for Mercy Life Inc showing financial trends over 12 years of public records:
Total assets increased by 8589.4% over the same period, from $193K to $16.8M. Total functional expenses rose by 12343.3%, from $146K to $18.2M. In its most recent filing year (2023), Mercy Life Inc reported a surplus of $6.2M, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $16.8M in assets (debt-to-asset ratio: 30.7%), resulting in net assets of $11.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.4M | $18.2M | $16.8M | $5.2M | — | View 990 |
| 2022 | $24.5M | $18.0M | $11.1M | $5.7M | — | View 990 |
| 2021 | $24.4M | $21.2M | $6.5M | $7.7M | — | View 990 |
| 2020 | $27.1M | $27.1M | $3.0M | $7.3M | — | View 990 |
| 2019 | $22.1M | $24.2M | $3.0M | $4.0M | — | View 990 |
| 2018 | $17.9M | $17.6M | $4.5M | $3.4M | — | View 990 |
| 2017 | $14.4M | $14.2M | $5.3M | $4.5M | — | View 990 |
| 2016 | $10.3M | $11.2M | $5.4M | $4.8M | — | View 990 |
| 2015 | $5.0M | $6.6M | $3.7M | $2.2M | — | View 990 |
| 2014 | $5.1M | $2.0M | $5.1M | $2.0M | — | View 990 |
| 2013 | $2.2M | $206K | $2.5M | $832K | — | View 990 |
| 2012 | $0 | $146K | $193K | $496K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.4M, expenses of $18.2M, and assets of $16.8M (revenue -0.5% year-over-year).
- 2022: Revenue of $24.5M, expenses of $18.0M, and assets of $11.1M (revenue +0.7% year-over-year).
- 2021: Revenue of $24.4M, expenses of $21.2M, and assets of $6.5M (revenue -10.0% year-over-year).
- 2020: Revenue of $27.1M, expenses of $27.1M, and assets of $3.0M (revenue +22.8% year-over-year).
- 2019: Revenue of $22.1M, expenses of $24.2M, and assets of $3.0M (revenue +23.4% year-over-year).
- 2018: Revenue of $17.9M, expenses of $17.6M, and assets of $4.5M (revenue +24.4% year-over-year).
- 2017: Revenue of $14.4M, expenses of $14.2M, and assets of $5.3M (revenue +40.2% year-over-year).
- 2016: Revenue of $10.3M, expenses of $11.2M, and assets of $5.4M (revenue +105.2% year-over-year).
- 2015: Revenue of $5.0M, expenses of $6.6M, and assets of $3.7M (revenue -1.6% year-over-year).
- 2014: Revenue of $5.1M, expenses of $2.0M, and assets of $5.1M (revenue +130.1% year-over-year).
- 2013: Revenue of $2.2M, expenses of $206K, and assets of $2.5M.
- 2012: Revenue of $0, expenses of $146K, and assets of $193K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Life Inc:
Data Sources and Methodology
This transparency report for Mercy Life 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.