Mercy Corps 
The information on this page was last updated 1/3/2023. If you see errors or omissions, please email: [email protected]
Summary
Mercy Corps is a global team of humanitarians working together on the front lines of today's biggest crises to create a future of possibility, where everyone can prosper.
In more than 40+ countries around the world, over 5,400+ team members work side by side with people living through poverty, disaster, violent conflict, and the acute impacts of climate change. We're committed to creating global change through local impact - 84% of our team members are from the countries where they work.
We bring a comprehensive approach to every challenge, addressing problems from multiple angles. And we go beyond emergency aid, partnering with local governments, forward-thinking corporations, social entrepreneurs, and people living in fragile communities to develop bold solutions that make lasting change possible.
Contact information
Mailing address:
Mercy Corps, Dept. W
National Processing Center
PO Box 37800
Boone, IA 50037-4800
Website: www.mercycorps.org
Phone: 888-842-0842
Email: [email protected]
Organization details
EIN: 911148123
CEO/President: Tjada D'Oyen McKenna
Chairman: Ludovic Subran, Lucy Lee Helm, Iman Dakhil
Board size: 23
Founder: Dan O'Neill
Ruling year: 1981
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.
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
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 550 of 1097 | 43 of 84 |
| Fund acquisition rating | | 378 of 1099 | 30 of 84 |
| Resource allocation rating | | 869 of 1099 | 65 of 84 |
| Asset utilization rating | | 394 of 1097 | 34 of 84 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 4% | 5% | 6% | 5% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 4% | 5% | 6% | 5% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 99% | 99% | 99% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 4% | 5% | 6% | 5% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 1% | 1% | 1% | 0% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 80% | 81% | 76% | 79% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 93% | 98% | 99% | 103% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 74% | 79% | 75% | 82% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 7% | 2% | 1% | -3% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 12% | 25% | 9% | 5% | -13% | -6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 16% | 14% | 19% | 15% | 14% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.59 | 1.74 | 1.74 | 1.63 | 1.86 | 1.66 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.22 | 1.34 | 1.46 | 1.43 | 1.57 | 1.58 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.98 | 2.34 | 2.53 | 2.33 | 2.92 | 2.62 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.34 | 1.60 | 1.29 | 1.43 | 1.26 | 1.27 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.63 | 0.77 | 0.70 | 0.80 | 0.79 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.64 | 1.93 | 1.08 | 1.55 | 0.84 | 0.96 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 49% | 57% | 59% | 56% | 55% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 2% | 4% | 10% | 5% | 5% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 58% | 29% | 25% | 25% | 24% | 27% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $91,530,420 | $89,149,729 | $89,340,159 | $50,626,545 | $63,318,561 |
| Receivables, inventories, prepaids | $53,023,068 | $39,013,303 | $38,092,198 | $43,949,006 | $36,489,039 |
| Short-term investments | $24,258,719 | $9,741,436 | $9,965,887 | $15,516,225 | $19,881,355 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $168,812,207 | $137,904,468 | $137,398,244 | $110,091,776 | $119,688,955 |
| Long-term investments | $17,259,744 | $16,462,833 | $16,272,455 | $16,974,309 | $16,535,596 |
| Fixed assets | $25,849,692 | $26,956,322 | $30,044,733 | $31,111,027 | $32,624,343 |
| Other long-term assets | $15,049,521 | $19,801,108 | $12,308,954 | $14,528,420 | $20,097,226 |
| Total long-term assets | $58,158,957 | $63,220,263 | $58,626,142 | $62,613,756 | $69,257,165 |
| Total assets | $226,971,164 | $201,124,731 | $196,024,386 | $172,705,532 | $188,946,120 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $50,970,167 | $60,445,599 | $49,543,955 | $46,457,588 | $46,268,266 |
| Other current liabilities | $54,570,098 | $46,123,124 | $46,494,761 | $41,230,103 | $48,262,690 |
| Total current liabilities | $105,540,265 | $106,568,723 | $96,038,716 | $87,687,691 | $94,530,956 |
| Debt | $5,493,505 | $7,657,545 | $19,643,070 | $8,517,036 | $8,873,297 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $858,510 | $800,731 | $925,897 | $855,486 | $929,723 |
| Total long-term liabilities | $6,352,015 | $8,458,276 | $20,568,967 | $9,372,522 | $9,803,020 |
| Total liabilities | $111,892,280 | $115,026,999 | $116,607,683 | $97,060,213 | $104,333,976 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $90,920,746 | $76,657,617 | $68,701,698 | $68,074,924 | $68,522,870 |
| With donor restrictions | $24,158,138 | $9,440,115 | $10,715,005 | $7,570,395 | $16,089,274 |
| Net assets | $115,078,884 | $86,097,732 | $79,416,703 | $75,645,319 | $84,612,144 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $420,534,934 | $352,864,149 | $321,739,813 | $309,347,661 | $308,220,968 |
| Program service revenue | $2,513,793 | $1,734,143 | $1,849,185 | $1,475,619 | $1,101,358 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $418,086 | $2,102,328 | $733,004 | $760,766 | ($901,011) |
| Other revenue | $29,519 | $293,318 | $162,582 | $152,832 | $223,253 |
| Total other revenue | $2,961,398 | $4,129,789 | $2,744,771 | $2,389,217 | $423,600 |
| Total revenue | $423,496,332 | $356,993,938 | $324,484,584 | $311,736,878 | $308,644,568 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $314,437,700 | $282,542,517 | $242,706,146 | $254,972,105 | $251,753,928 |
| Management and general | $63,140,480 | $49,801,825 | $59,746,024 | $49,413,045 | $44,683,442 |
| Fundraising | $16,763,327 | $17,032,734 | $17,919,123 | $16,945,583 | $17,343,438 |
| Total expenses | $394,341,507 | $349,377,076 | $320,371,293 | $321,330,733 | $313,780,808 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $29,154,825 | $7,616,862 | $4,113,291 | ($9,593,855) | ($5,136,240) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $29,154,825 | $7,616,862 | $4,113,291 | ($9,593,855) | ($5,136,240) |
Compensation
| Name | Title | Compensation |
| Tjada D'Oyen McKenna | Chief Executive Officer | $511,781 |
| Michael Radcliffe | Country Director | $336,098 |
| Jennifer Cooperman | Interim Chief Financial Officer & Treasurer (Partial) | $285,325 |
| Craig Alan Redmond | Senior Vice President - Programs | $282,446 |
| Ndubisi Anyanwu | Country Director | $278,472 |
| Leesa Shrader | AgriFin Accelerate - Program Director (Partial) | $255,917 |
| Yohannes Eyob Wolday | Country Director | $254,167 |
| Steve Linick | Chief Ethics & Compliance Officer | $250,926 |
| Jessica Carl | Interim Chief People Officer (Partial) | $236,707 |
| Adrienne Karecki | Chief Development & Marketing Officer (Partial) | $233,750 |
| Rachel Mardock | Interim Chief Financial Officer (Partial) | $172,409 |
| Andrew Morgan | Assistant Corporate Secretary (Partial) and Deputy General Counsel | $168,407 |
| Alexa Holmes | General Counsel and Corporate Secretary (Partial) | $123,041 |
| Nicole Crites | Assistant Corporate Secretary & Board Liason | $111,232 |
| Hernan Vargas | Interim Chief Financial Officer | $79,200 |
Compensation data as of: 6/30/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/3/2023. To update the information below, please email: [email protected]
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
38 million people reached across the world in the last year
40+ countries where we work
5,900+ team members
86% of team members are from the countries where they work
Needs
Our community of monthly supporters enables us to spring into action, save more lives, and develop long-term solutions to complex crises.