Mercy Corps meets the 20 Standards for Charity Accountability.
COMPLAINTS
Number of complaints processed by the BBB in the last 36 months: 1
The organization addressed the complaint issues brought to its attention: 1
(This complaint involved mailing list removal).
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Year, State Incorporated
1981, WA
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Affiliates
Mercy Corps Europe (MCE)
Asian Credit Public Fund
Hunchun Association for Poverty Alleviation in the Tumen River Area
Kompanion Development Institution
Kompanion Financial Group Microfinance Closed Joint Stock Company
MC Nigeria LTD/GTE (Nigeria)
Mercy Corps China Holdings, LLC
Mercy Corps Development Holdings, LLC
Mercy Corps India
Mercy Enterprise Corporation d/b/a Mercy Corps Northwest
Mercy Corps Liaoning Holdings, LLC
Yanbian Association for Poverty Alleviation in the Tumen River Area
Mercy Corps Condominium Unit Owners Association (Inactive)
Mercy Corps Foundation
Mercy Corps International Jordan
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Stated Purpose
"to alleviate suffering, poverty and oppression by helping people build secure, productive and just communities."
Mercy Corps is a global organization that assists people after a natural disaster, economic collapse, or societal conflict. The organization states that its employees live and work in countries where there are threats to peace and progress and works with communities to overcome obstacles and connect people with resources. In 2019, Mercy Corps reports that it reached more than 28 million people in more than 40 countries, connected over 200,000 young people with economic opportunities, and responded to six global emergencies.
For the year ended June 30, 2020, Mercy Corps's program expenses were:
Livelihood/economic development |
$140,356,000 |
Humanitarian assistance - relief |
$127,610,000 |
Civil society and education |
$67,850,000 |
Health |
$47,299,000 |
Humanitarian assistance - recovery |
$41,352,000 |
Total Program Expenses: |
$424,467,000 |
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Chief Executive
Tjada D'Oyen McKenna, Chief Executive Officer
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Compensation*
$0
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Chair of the Board
Gisel Kordestani
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Chair's Profession / Business Affiliation
Co-Founder and Chief Executive Officer, Crowdpac
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Board Size
15
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Paid Staff Size
5755
*Current compensation information not available for Tjada D'Oyen McKenna.
Note: Tjada D'Oyen McKenna became Chief Executive Officer on October 15, 2020. In 2019, the former Chief Executive Officer, Neal Keny-Guyer, received $377,285 in compensation.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, Telephone appeals, Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 3% of related contributions. (Related contributions, which totaled $478,676,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Mercy Corps's audited financial statements - consolidated for the year ended June 30, 2020.
Source of Funds |
Government grants |
$326,824,000 |
Other grants |
$98,656,000 |
Contributions |
$48,204,000 |
Interest income |
$31,396,000 |
Other revenue |
$2,347,000 |
Material aid |
$2,301,000 |
Bequests |
$1,655,000 |
Gifts in kind |
$1,036,000 |
Realized and unrealized gain on investments, net |
$68,000 |
Total Income |
$512,487,000 |
- Programs: 86%
- Administrative: 11%
- Fundraising: 3%
Total Income |
$512,487,000 |
Program expenses |
$424,467,000 |
Fundraising expenses |
$16,379,000 |
Administrative expenses |
$57,201,000 |
Other expenses |
$0 |
Total expenses: |
$498,047,000 |
Income in Excess of Expenses |
$14,440,000 |
Beginning Net Assets |
$106,597,000 |
Other Changes In Net Assets |
$-4,656,000 |
Ending Net Assets |
$116,381,000 |
Total Liabilities |
$284,385,000 |
Total Assets |
$400,766,000 |
Note 1: According to Mercy Corps' audited financial statements - consolidated - for the year ended June 30, 2020, the organization received in-kind contributions totaling $1,036,000 in the form of legal services ($721,000), and software and travel credits ($315,000).
Note 2: In the above financial section, "other changes in net assets" refers to an unrealized loss on derivatives (-$347,000) and a foreign currency exchange loss, net (-$4,309,000).