Mercy Flight Inc

Analysis

Mercy Flight Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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 June 2023, Mercy Flight Inc reported income of $21.4m and spending of $21.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.6m to $21.4m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Flight Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Flying Crown Land Group ($21.4m), Ccri Inc ($21.4m) and United States Baseball Federation Inc ($21.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.0m (4.6% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $49.3m against liabilities of $32.6m, net assets of $16.8m. It reported 265 employees.