Mercy Healthcare Foundation Clinton

Analysis

Mercy Healthcare Foundation Clinton is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in October 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Healthcare Foundation Clinton reported income of $320k and spending of $298k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $320k (-71%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 66%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Healthcare Foundation Clinton sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Hope & Healing Place Inc ($320k), Community Center for Healthy Minds ($321k) and Community Life Support Inc ($320k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $6.0m against liabilities of $95k, net assets of $5.9m.