Mercy Hospital Healdton Inc

Analysis

Mercy Hospital Healdton Inc is a registered charity in United States, based in Healdton, OK. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Hospital Healdton Inc reported income of $8.9m and spending of $8.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $8.9m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Hospital Healdton Inc 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 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Afl-Cio Appalachian Council Inc ($8.9m), Family Bridges Inc ($8.9m) and Calleva Inc ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $1.5m against liabilities of $360k, net assets of $1.1m.