Mercy Medical Center-Clinton Inc

Analysis

Mercy Medical Center-Clinton Inc is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in August 1990, 36 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 Medical Center-Clinton Inc reported income of $127.2m and spending of $143.7m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $99.3m to $127.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2020, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Medical Center-Clinton Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within IA. Charities of a similar size with the same main cause include American College of Radiology ($127.2m), AIDS Arms Inc ($127.3m) and Burke Rehabilitation Hospital ($127.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 95% of the total. Other salaries and wages came to $57.7m. At year end it held assets of $116.2m against liabilities of $37.3m, net assets of $78.9m. It reported 1,108 employees.