Mercy Hospital Cadillac Foundation

Analysis

Mercy Hospital Cadillac Foundation is a registered charity in United States, based in Walker, MI. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Hospital Cadillac Foundation reported income of $997k and spending of $175k, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $466k to $997k (+114%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 362%. Over the whole period it spent 187% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Hospital Cadillac Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Orange County Rape Crisis Center ($997k), Happier Life Project Inc ($997k) and Sharpe-Strumia Research Foundation of the Bryn Mawr Hospital ($997k).

At year end it held assets of $11.3m against liabilities of $1.7m, net assets of $9.5m.