Mercy Clinic Fort Smith Communities

Analysis

Mercy Clinic Fort Smith Communities is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in July 2013, 13 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 Clinic Fort Smith Communities reported income of $113.1m and spending of $159.8m, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $95.1m to $113.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 140% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Clinic Fort Smith Communities sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Philadelphia Post-Acute Partnersllc ($113.0m), Gritman Medical Center Inc ($113.2m) and Hoag Hospital Foundation ($112.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $4.7m (3.0% of expenses). Other salaries and wages came to $104.1m. At year end it held assets of $16.1m against liabilities of $7.7m, net assets of $8.4m. It reported 202 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.