Mercy Health Foundation

Analysis

Mercy Health Foundation is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Health Foundation reported income of $62k and spending of $121k, spending 197% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $302k to $62k (-80%), an average of -33% a year. The sharpest change came in the year to June 2022, when income dropped by 79%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Health Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Serve Syracuse Inc ($62k), Suncrest Auxiliary Inc ($62k) and Fremont Community Theater and Literary Society ($62k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $869k against liabilities of $8,216, net assets of $861k.