Mercys Closet Inc
Minden, Louisiana
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$545K
Total Revenue
📊
$489K
Total Expenses
🏦
$319K
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+67.5%
Year-over-year change (2021 → 2022)
Net Margin
+10.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $545,121↑68% | $488,874↑146% | $322,328↑22% | |
| 2021 | $325,351↑98% | $198,558↑83% | $264,769↑369% | — |
| 2019 | $164,104 | $108,428 | $56,417 | — |
Frequently Asked Questions
What does Mercys Closet Inc do?▼
Mercys Closet Inc is a human services nonprofit organization based in Louisiana. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Mercys Closet Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mercys Closet Inc.
How much revenue does Mercys Closet Inc generate?▼
Mercys Closet Inc reports $1.2M in annual revenue and holds $487K in total assets, based on IRS filings.
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