Mercy Health Foundation Springfield

Analysis

Mercy Health Foundation Springfield is a registered charity in United States, based in Springfield, 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 Springfield reported income of $3.0m and spending of $1.9m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $3.0m (+120%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 84%. Over the whole period it spent 150% 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 Springfield sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include B&l Missionary Foundation ($3.0m), Tongva Taraxat Paxaavxa Conservancy ($3.0m) and National Association of State Departments of Agriculture ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $496k. At year end it held assets of $34.4m against liabilities of $228k, net assets of $34.1m.