Mercy Hospital South

Analysis

Mercy Hospital South is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 1996, 30 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 South reported income of $625.2m and spending of $584.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $517.6m to $625.2m (+21%), an average of +4.8% a year. Over the whole period it spent 96% 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 South sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MO. Charities of a similar size with the same main cause include Blessing Hospital ($625.1m), Meriter Hospital Inc ($625.7m) and Saint Agnes Medical Center ($624.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 93% of the total. Other salaries and wages came to $247.2m. At year end it held assets of $505.6m against liabilities of $21.3m, net assets of $484.3m.