Baum Harmon Mercy Hospital and Clinics Foundation

Analysis

Baum Harmon Mercy Hospital and Clinics Foundation is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Baum Harmon Mercy Hospital and Clinics Foundation reported income of $141k and spending of $6,081, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $43k to $141k (+224%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 245%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baum Harmon Mercy Hospital and Clinics Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within IA. Charities of a similar size with the same main cause include Bustin Out of Boise ($141k), Face the Future Foundation ($141k) and Suicide Prevention of Yolo County ($141k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.