Misericordia Convalescent Home

Analysis

Misericordia Convalescent Home is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in September 1945, 81 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Misericordia Convalescent Home reported income of $6.5m and spending of $6.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $6.5m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Misericordia Convalescent Home sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Siloam Health ($6.5m), Oesterlen - Services for Youth Foundation Inc ($6.5m) and Iowa Health Care Association Foundation ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $174k (2.9% of expenses). Other salaries and wages came to $2.7m. It paid $60k in professional fundraising fees. At year end it held assets of $13.5m against liabilities of $3.1m, net assets of $10.4m. It reported 143 employees.