Mercy Harvard Hospital Inc

Analysis

Mercy Harvard Hospital Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in September 1997, 29 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 Harvard Hospital Inc reported income of $33.6m and spending of $29.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $34.0m to $33.6m (-1.1%), an average of -0.3% a year. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Harvard Hospital Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include The Charles Lea Center Inc ($33.6m), Fountain House Inc ($33.7m) and Clarksville Montgomery Countycommunity Health Foundation Inc ($33.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $11.6m. At year end it held assets of $35.5m against liabilities of $9.8m, net assets of $25.7m. It reported 215 employees.