Have Mercy

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Have Mercy has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 83%. This rating is primarily based on the charity's accountability and financial practices, indicating that the organization demonstrates a commitment to transparency and responsible governance. The charity has a fully independent board and adheres to various policies, such as conflict of interest and whistleblower protections, which contribute to its strong accountability framework.

The organization excels in program expenses, with an impressive program expense ratio of 90.25%, showing that a significant portion of its resources is directed towards its mission-related activities. The financial statements are reviewed or compiled, and there have been no material diversions of assets, which reinforces its sound financial management practices.

However, the charity's liabilities to assets ratio is at 67.31%, which could indicate a higher level of liabilities compared to its assets. While this is not uncommon in the nonprofit sector, it is a factor to monitor for potential financial stability. Overall, Have Mercy displays strengths in governance and program spending but may need to address its financial leverage for future sustainability.

This AI summary has been generated from information found on Charity Navigator.

Have Mercy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Have Mercy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $20,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $452,695

For more financial information, click here

Official website here: www.havemercymi.org