Mercy Hospital & Medical Center

Analysis

Mercy Hospital & Medical Center is a registered charity in United States, based in Maywood, IL. It received its IRS tax-exemption ruling in March 1946, 80 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 Hospital & Medical Center reported income of $10.1m and spending of $58k, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $255.3m to $10.1m (-96%), an average of -55% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Hospital & Medical Center 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 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Downeast Horizons Inc ($10.1m), PMHC Cancer Center ($10.1m) and Agape Clinic ($10.1m).

At year end it held assets of $5.1m against liabilities of $52.0m, net assets of -$46.9m.