Mercy Assisted Care Inc

Analysis

Mercy Assisted Care Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in May 1965, 61 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 June 2023, Mercy Assisted Care Inc reported income of $15.0m and spending of $12.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $15.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Assisted Care Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Ellipsis Inc ($15.0m), Atlanta Association for Convalescent Aged Persons Inc ($15.0m) and Belington Community Medical Services Association ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 75% of the total. Other salaries and wages came to $7.9m. At year end it held assets of $14.2m against liabilities of $2.8m, net assets of $11.4m. It reported 112 employees.