Kenmore Mercy Hospital

Analysis

Kenmore Mercy Hospital is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kenmore Mercy Hospital reported income of $197.1m and spending of $202.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $174.7m to $197.1m (+13%), an average of +3.1% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kenmore Mercy Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Johnston Memorial Hospital Inc ($197.1m), Pih Health Downey Hosptial ($197.3m) and Duncan Regional Hospital Inc ($196.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Other salaries and wages came to $78.5m. At year end it held assets of $147.0m against liabilities of $129.2m, net assets of $17.7m. It reported 1,550 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.