Sacred Heart Mercy Health Care Center
Analysis
Sacred Heart Mercy Health Care Center is a registered charity in United States, based in Alma, MI. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Sacred Heart Mercy Health Care Center reported income of $1.0m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $964k to $1.0m (+4.7%), an average of +1.2% a year. Over the whole period it spent 91% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sacred Heart Mercy Health Care Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Youth with a Mission of Colo ($1.0m), Hospitality House of Charlotte ($1.0m) and New Beginnings Recovery Homes Incorporated ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $43k (4.0% of expenses). Other salaries and wages came to $298k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 97%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth with a Mission of Colo | Grand JCT | $1.0m |
| Hospitality House of Charlotte | Charlotte | $1.0m |
| New Beginnings Recovery Homes Incorporated | Chicago | $1.0m |
| Westerly Hospital Foundation Inc | Westerly | $1.0m |