Public Charity

MERCY DROPS INC

MERCY DROPS INC is a Public Charity headquartered in CHESAPEAKE, VA. Financial data from the 2024 filing: $1.1M revenue, $1.2M expenses, $285K total assets. 7 publicly reported grants to this organization, totaling roughly $56K, appear in IRS filings.

EIN: 473103060 CHESAPEAKE, VA Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.2M
Total Assets$285K
Grant Records7
Funding Total$56K
Filing Years2020–2024

Mission

HELPING THE HOMELESS AND UNDERSERVED PEOPLE IN PORTSMOUTH, VA.

Officers & Directors

BOARD MEMBER Alex Zabel
EXECUTIVE DI Joseph Friszolowski
PRESIDENT/TR Sue Carroll
BOARD MEMBER Tonja Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

EMERGENCY FUNDS
$30,000 2 grants
UNRESTRICTED
$8,914 1 grant
PHILANTHROPY
$8,750 1 grant
HUMAN SERVICE
$7,100 1 grant
SUPPORT, UNSPECIFIED
$1,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $1.2M $285K
2023 $969K $1.0M $304K
2022 $1.1M $1.1M $358K
2021 $260K $300K $361K
2020 $264K $200K $400K

Between 2020 and 2024, reported annual revenue grew from $264K to $1.1M (+326%), with total assets most recently reported at $285K.

Interactive year-over-year charts and full filing details available with membership.

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