Alegent Health Mercy Hospital

Analysis

Alegent Health Mercy Hospital is a registered charity in United States, based in Phoenix, AZ. 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, Alegent Health Mercy Hospital reported income of $21.6m and spending of $21.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.2m to $21.6m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alegent Health Mercy Hospital sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include North Bronx Faculty Practice Corporation ($21.6m), Elton John AIDS Foundation Inc ($21.6m) and American Physiological Society ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $161k (0.7% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $29.7m against liabilities of $3.4m, net assets of $26.3m. It reported 162 employees.