Mercy Medical Center-Newton

Analysis

Mercy Medical Center-Newton is a registered charity in United States, based in Pheonix, AZ. It received its IRS tax-exemption ruling in March 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Medical Center-Newton reported income of $38.2m and spending of $41.8m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.5m to $38.2m (+14%), an average of +3.4% a year. Over the whole period it spent 107% 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-Newton sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Odyssey House Inc ($38.2m), Masonicare Home Health and Hospice Inc ($38.3m) and Nami National ($38.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $336k (0.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $14.5m against liabilities of $15.3m, net assets of -$743k. It reported 257 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.