Pittsburgh Mercy Health System Inc

Analysis

Pittsburgh Mercy Health System Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pittsburgh Mercy Health System Inc reported income of $16.2m and spending of $17.1m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.0m to $16.2m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pittsburgh Mercy Health System Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Tri Area Community Health ($16.2m), Good Samaritan Hospice Inc ($16.2m) and Great Mines Health Center ($16.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.1m (6.4% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $139.0m against liabilities of $134.1m, net assets of $5.0m. It reported 225 employees.

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.