CSCharityScored
77

Mercy Terrace Apartments

Other · Erie, Pennsylvania

430 E Grandview Blvd, Erie, PA 16504-2652

EIN: 251523703· Founded: Mar 1946· 80 years active· Filing Year: 2023

Annual Revenue

$594K

Total Expenses

$497K

Total Assets

$2.6M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$71K

14.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$48K

Total Payroll

$119K

24% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 24%
Other overhead: 2%
Program Revenue$490K (83%)
Total Expenses$497K (84%)
Payroll$119K (24%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$594K annual revenue

15%

Executive Compensation

$71K total officer comp (14.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.