Mercy Foundation

Analysis

Mercy Foundation is a registered charity in United States, based in Rancho Cordova, CA. It received its IRS tax-exemption ruling in August 2014, 12 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 Foundation reported income of $7.2m and spending of $10.0m, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.5m to $7.2m (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Bishop Noa Home for Senior Citizens ($7.2m), PH Recovery Center Inc ($7.2m) and Upmc Center for High Value Health Care ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $420k (4.2% of expenses). It paid $23k in professional fundraising fees. At year end it held assets of $55.7m against liabilities of $2.7m, net assets of $53.1m.