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Filing year 2024

MERCY DROPS INC

Chesapeake, Virginia·EIN 47-3103060·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.1M
Total assets
$285k
Total expenses
$1.2M
Reported officers
4
Mission

HELPING THE HOMELESS AND UNDERSERVED PEOPLE IN PORTSMOUTH, VA.

Reported officers (all unpaid)

No paid executives reported in 2024. MERCY DROPS INC reported 4 unpaid officers and board members on its 990.

Executive Di
President/tr
Board Member
Board Member
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MERCY DROPS INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

MERCY DROPS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$969k
$1M
2023
$1.1M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

MERCY DROPS INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia

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FAQ

Common questions about MERCY DROPS INC

What are MERCY DROPS INC's revenue and expenses?

In 2024, MERCY DROPS INC reported $1.1M in total revenue and $1.2M in total expenses on its IRS Form 990.

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