Mercy Management of Southeastern Pennsylvania

Analysis

Mercy Management of Southeastern Pennsylvania is a registered charity in United States, based in Newtown SQ, PA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Mercy Management of Southeastern Pennsylvania reported income of $41.6m and spending of $61.7m, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $74.3m to $41.6m (-44%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 31%. Over the whole period it spent 134% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Management of Southeastern Pennsylvania sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Metropolitan Jewish Home Care Inc ($41.6m), Washington Township Hospital Developmdnt Corp ($41.7m) and Alliance for Clinical Trials in Oncology Foundation ($41.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 92% of the total. Other salaries and wages came to $37.7m. At year end it held assets of $36.1m against liabilities of $247.1m, net assets of -$211.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.