Mercy Corps

Summary

Mercy Corps helps people in the world's toughest places turn the crises of natural disaster, poverty and conflict into opportunities for progress. Driven by local needs, our programs provide communities with the tools and support they need to transform their own lives. Mercy Corps has a worldwide team of 3,700 professionals improving the lives of 16.7 million people in more than 40 countries. Mercy Corps was founded in 1979 by Dan O'Neill.

Mercy Corps' 30 years of experience shows that turmoil and tragedy often create opportunities for lasting, positive change. We support these opportunities with community-led and market-driven action. To endure, such change requires that communities, government and businesses solve problems in a spirit of accountability and full participation. We help key players cooperate to create secure, productive and just communities.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Contact information

Mailing address:
45 SW Ankeny Street
Portland, OR 97204-7204

Website: www.mercycorps.org

Phone: (503) 896-5000

Email: info@mercycorps.org


Organization details

EIN: 911148123

CEO/President: Mr. Neal Keny-Guyer

Chairman: Ms. Linda A. Mason

Board size: 18

Founder: Mr. Dan O'Neill

Year founded: 1979

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Mercy Corps ("MC") is the headquarters of an international family of humanitarian organizations. MC's goal is to build a global movement of organizations committed to alleviating poverty and finding peaceful solutions to social problems. The organization's purpose is to assist the world's poor through emergency relief, self-help development projects and development education. Additionally, the organization seeks to educate and motivate the public regarding the poor and to work for peace and justice. MC believes in innovation. They see themselves as a world leader in helping communities recover from emergencies, build stronger societies and find long-term solutions to poverty. MC understands that global poverty is a complex problem rooted in history, geography, economics and politics. MC was founded in 1979 by Dan O'Neill. It's headquarters are found in the United States and in Scotland.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Mission statement

Mercy Corps' Mission is to alleviate suffering, poverty and oppression by helping people build secure, productive and just communities across the globe.


Statement of faith

Mercy Corps uses the following to express its Statement of  Values:

We believe in the intrinsic value and dignity of human life.

We are awed by human resilience, and believe in the ability of all people to thrive, not just exist.

Our spiritual and humanitarian values compel us to act.

We believe that all people have the right to live in peaceful communities and participate fully in the decisions that affect their lives.

We believe that human imagination and energy can inspire innovations solutions to any problem, no matter how intractable.

We believe that it is our duty to be effective stewards of the financial resources entrusted to us.

Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating100 of 43025 of 60
Fund acquisition rating123 of 43027 of 60
Resource allocation rating127 of 43029 of 60
Asset utilization rating191 of 43034 of 60

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%4%4%4%5%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%4%4%5%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%95%94%91%91%89%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%4%4%5%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%5%6%9%9%11%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%86%87%86%84%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%99%100%97%101%102%
Program output ratio Program output ratio =
Program services /
Total revenue
81%85%86%83%85%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%1%0%3%-1%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%2%13%-3%-7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%10%10%10%11%11%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.321.441.471.381.221.12
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.161.191.231.241.28
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.531.671.751.701.521.42
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.101.782.312.502.772.83
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.560.430.400.360.35
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.063.153.904.245.055.45
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%66%67%64%71%68%
Debt ratio Debt ratio =
Debt /
Total assets
0%3%3%4%10%10%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%23%23%26%24%28%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$132,226,000$114,476,000$73,883,000$69,161,000$63,621,000
Receivables, inventories, prepaids$121,859,000$118,923,000$122,783,000$129,837,000$123,751,000
Short-term investments$18,061,000$15,635,000$9,984,000$4,621,000$3,871,000
Other current assets$0$0$0$0$0
Total current assets$272,146,000$249,034,000$206,650,000$203,619,000$191,243,000
Long-term investments$3,625,000$6,544,000$8,347,000$9,218,000$10,679,000
Fixed assets$40,160,000$40,704,000$40,108,000$40,457,000$41,915,000
Other long-term assets$0$0$0$0$0
Total long-term assets$43,785,000$47,248,000$48,455,000$49,675,000$52,594,000
Total assets$315,931,000$296,282,000$255,105,000$253,294,000$243,837,000
 
Liabilities20172016201520142013
Payables and accrued expenses$52,907,000$39,794,000$41,547,000$35,032,000$28,748,000
Other current liabilities$99,850,000$68,070,000$40,976,000$38,595,000$38,834,000
Total current liabilities$152,757,000$107,864,000$82,523,000$73,627,000$67,582,000
Debt$9,782,000$10,017,000$10,260,000$24,312,000$24,330,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$47,537,000$79,786,000$71,108,000$81,325,000$74,620,000
Total long-term liabilities$57,319,000$89,803,000$81,368,000$105,637,000$98,950,000
Total liabilities$210,076,000$197,667,000$163,891,000$179,264,000$166,532,000
 
Net assets20172016201520142013
Unrestricted$88,660,000$77,544,000$66,303,000$53,030,000$57,071,000
Temporarily restricted$17,195,000$21,071,000$24,911,000$21,000,000$20,214,000
Permanently restricted$0$0$0$0$20,000
Net assets$105,855,000$98,615,000$91,214,000$74,030,000$77,305,000
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$435,400,000$411,328,000$331,919,000$278,655,000$238,028,000
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$23,896,000$24,386,000$28,952,000$27,005,000$26,901,000
Other revenue$1,280,000$909,000$2,749,000$1,067,000$2,039,000
Total other revenue$25,176,000$25,295,000$31,701,000$28,072,000$28,940,000
Total revenue$460,576,000$436,623,000$363,620,000$306,727,000$266,968,000
 
Expenses20172016201520142013
Program services$392,395,000$377,178,000$301,766,000$260,966,000$231,858,000
Management and general$44,963,000$41,790,000$35,452,000$33,411,000$28,730,000
Fundraising$18,003,000$15,849,000$14,235,000$14,490,000$11,485,000
Total expenses$455,361,000$434,817,000$351,453,000$308,867,000$272,073,000
 
Change in net assets20172016201520142013
Surplus (deficit)$5,215,000$1,806,000$12,167,000($2,140,000)($5,105,000)
Other changes in net assets$2,025,000$5,595,000$5,017,000($1,135,000)$0
Total change in net assets$7,240,000$7,401,000$17,184,000($3,275,000)($5,105,000)

Response from ministry

No response has been provided by this ministry.


History

Mercy Corps was founded in 1979 as Save the Refugees Fund, an autonomous task force called together by Dan O'Neill in response to the emergency relief needs of the Cambodian boat people.

With the support of First Lady Rosalynn Carter, singer Pat Boone, Cardinal Bernard Law and other prominent Americans, the Fund was successful in meeting relief needs in Cambodia, and later expanded its efforts to help vulnerable people in other nations. In 1981, the Fund was re-named Mercy Corps International to reflect its broadened humanitarian role.

In 1982, MC launched their first sustainable development program in Honduras. Over the years, MC programs have become models for quick-response and high-impact relief and development around the globe. In recent years, MC has become a leader in integrating civil society initiatives and human rights advocacy into humanitarian assistance. MC also formed strategic partnerships with Proyecto Aldea Global (1989), MerciPhil (1993), Scottish European Aid (1996) and Pax World Service (1997) to build a global humanitarian network.

In 2001 they changed their name by dropping the "International" and going with just "Mercy Corps."


Program accomplishments

Since 1979, Mercy Corps has provided $1.95 billion in assistance to people in 107 nations. In fiscal 2009 (July 1, 2008 to June 30, 2009), the resources of our global operations totaled $277 million. Our global operating budget for fiscal 2010 (July 1, 2009 to June 30, 2010) is $278 million.
Better Business Bureau

Mercy Corps meets all 20 of the Better Business Bureau's standards for charity accountability.

American Institute of Philanthropy
The American Institute of Philanthropy, a leading charity watchdog agency, awarded Mercy Corps an "A-" for financial efficiency in its December 2009 rating guide.

Charity Navigator
Mercy Corps received the highest rating in organizational efficiency from Charity Navigator, the premier American charity evaluator, based on how we allocate money among programs, administration and fundraising, and how efficiently we use our fundraising resources. Our overall rating is three stars, which "exceeds or meets industry standards and performs as well as or better than most charities in its Cause."

Fast Company

Mercy Corps was selected as a winner of the 2008 Fast Company/Monitor Group Social Capitalist Award. Fast Company identified Mercy Corps as a "top-performing nonprofit" that "insist[s] on serving up smart, bold solutions to seemingly intractable problems." Mercy Corps also was named a recipient of the magazine's 2009 "Social Enterprises of the Year" award for starting a bold banking initiative that could pull millions of people out of poverty in Indonesia.

InterAction

Mercy Corps is a member of InterAction, the largest coalition of America's most reputable international NGOs. We adhere to InterAction's financial and ethical standards in our fundraising and program operations.

Bill and Melinda Gates Foundation

Mercy Corps is one of just a handful of partner organizations featured in the Global Development section of the 2008 Bill & Melinda Gates Foundation Annual Report. The report notes that "in emergencies, there is often a gap between immediate relief and longer-term recovery" and says that "...Mercy Corps exemplifies how our response is helping to bridge that gap." Although the Foundation made $18.9 million in grants for the Global Food Crisis, they chose to highlight Mercy Corps' projects.

Needs

Donate Now Make your gift online to needy people around the world via our safe and secure web server. Giving online is easy and secure. People around the world need your help.

Monthly Giving Change takes commitment. Put your beliefs into action and become a monthly donor through the Partners in Mercy program. A dollar a day is all it takes to make a difference in a child's life!

Mercy Corps Gifts Mercy Corps Gifts are a unique way to honor your friends, loved ones or business associates with a gift that makes a positive difference for vulnerable families and children worldwide. Choose from forty unique gifts including:

1. Women's Small Business - Often, all that stands between the dream of a small business and the reality are a few resources and a little encouragement.  (Purchase for $50)
2. Feed a Child - The first few years have a critical influence on how a child grows up. With plentiful, nutritious food, their bodies grow strong and healthy, and their minds develop quickly for a lifetime of learning. (Purchase for $25)
3. Outfit a Classroom - A well-equipped classroom invites exploration and discovery. Given the right tools, a teacher can engage her students to learn about each other and the world around them. (Purchase for $125)