Mercymed of Columbus
Analysis
Mercymed of Columbus is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in May 2011, 15 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 September 2023, Mercymed of Columbus reported income of $4.3m and spending of $3.8m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $4.3m (+95%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 47%. Over the whole period it spent 77% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercymed of Columbus sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Alcohol and Drug Abuse Treatment Centers Inc ($4.3m), Ellis Hospital Foundation Inc ($4.3m) and Healthy Start Coalition of Pinellas Inc ($4.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $485k (13% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $7.8m against liabilities of $171k, net assets of $7.6m. It reported 85 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 34%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alcohol and Drug Abuse Treatment Centers Inc | Birmingham | $4.3m |
| Ellis Hospital Foundation Inc | Schenectady | $4.3m |
| Healthy Start Coalition of Pinellas Inc | Pinellas Park | $4.3m |
| Sto-Rox Neighborhood Health Council Inc | McKees Rocks | $4.3m |