Mercy Memorial Hospital Association

Analysis

Mercy Memorial Hospital Association is a registered charity in United States, based in Urbana, OH. It received its IRS tax-exemption ruling in September 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Memorial Hospital Association reported income of $349k and spending of $306k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $349k (+12%), an average of +2.9% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Memorial Hospital Association sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Anna Prayer Counseling Inc ($349k), Love Thy Neighbor ($349k) and President George Washington Manor II ($349k).

At year end it held assets of $10.4m against liabilities of $0, net assets of $10.4m.