Mercy Home Health
Analysis
Mercy Home Health is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Home Health reported income of $80.9m and spending of $75.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $93.7m to $80.9m (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 88% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Home Health sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Saint Alphonsus Medical Center Ortario Inc ($80.9m), Unlv Medicine ($80.9m) and Ut Medical Group Inc ($80.8m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $36.3m. At year end it held assets of $31.1m against liabilities of $18.3m, net assets of $12.7m.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Saint Alphonsus Medical Center Ortario Inc | Ontario | $80.9m |
| Unlv Medicine | Las Vegas | $80.9m |
| Ut Medical Group Inc | Memphis | $80.8m |
| Mount Auburn Professional Services Inc | Charlestown | $80.9m |