Bon Secours Mercy Health Foundation

Analysis

Bon Secours Mercy Health Foundation is a registered charity in United States, based in Blue Ash, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bon Secours Mercy Health Foundation reported income of $49.9m and spending of $54.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $43.4m to $49.9m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bon Secours Mercy Health Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Andrew Wommack Ministries Inc ($49.4m), United Bible Societies Association Inc ($50.9m) and United Faith Ministries Inc ($49.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $538k (1.0% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $374.5m against liabilities of $20.3m, net assets of $354.2m. It reported 91 employees.