Mercy Health Care Foundation
Analysis
Mercy Health Care Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Mercy Health Care Foundation reported income of $211k and spending of $24k, leaving 88% of income unspent that year. The sharpest change came in the year to June 2021, when income rose by 554%. Over the whole period it spent 88% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mercy Health Care Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Philanthropic Planning Group of Greater New York Inc ($211k), Lake Country Power Electric TR ($211k) and Cowboy Connection Ministries Inc ($211k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Other 83%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Philanthropic Planning Group of Greater New York Inc | Plymouth | $211k |
| Lake Country Power Electric TR | Cohasset | $211k |
| Cowboy Connection Ministries Inc | Burns | $211k |
| Friends of Hospice San Antonio Inc | San Antonio | $211k |