Mercy Health Foundation Fort Smith

Analysis

Mercy Health Foundation Fort Smith is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in May 1974, 52 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 Health Foundation Fort Smith reported income of $3.5m and spending of $3.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.5m (+139%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 148%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Health Foundation Fort Smith sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Logan County Senior Living Inc ($3.5m), Harmony Protection Group ($3.5m) and Eversight International ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $715k. At year end it held assets of $11.9m against liabilities of $802k, net assets of $11.1m.