Mercy Hospital of Franciscan Sisters Inc

Analysis

Mercy Hospital of Franciscan Sisters Inc is a registered charity in United States, based in Oelwein, IA. 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 of Franciscan Sisters Inc reported income of $13.8m and spending of $15.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.2m to $13.8m (-15%), an average of -4.0% a year. Over the whole period it spent 97% 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 of Franciscan Sisters Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include St John Health System Foundation Inc ($13.8m), Presbyterian Homes Mill Pond Inc ($13.8m) and Pioneer Medical Center ($13.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $226k (1.5% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $13.2m against liabilities of $1.7m, net assets of $11.4m. It reported 157 employees.