Mercy Health Foundation Joplin

Analysis

Mercy Health Foundation Joplin is a registered charity in United States, based in Joplin, MO. 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 Health Foundation Joplin reported income of $1.8m and spending of $1.0m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $848k to $1.8m (+106%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 1556%. Over the whole period it spent 186% 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 Joplin sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Fair Democracy Engagement Fund ($1.8m), Visiting Nurse Association of Cleveland Hospice ($1.8m) and Arkansas Montessori Society Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $118k. At year end it held assets of $7.4m against liabilities of $136k, net assets of $7.3m.