Mercy Clinic Springfield Communities

Analysis

Mercy Clinic Springfield Communities is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Clinic Springfield Communities reported income of $292.1m and spending of $447.6m, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $327.1m to $292.1m (-11%), an average of -2.8% a year. Over the whole period it spent 145% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Clinic Springfield Communities sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Cystic Fibrosis Foundation ($292.0m), Public Health Management Corporation ($292.8m) and Sheppard Pratt Health System Inc ($291.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $12.5m (2.8% of expenses). Other salaries and wages came to $266.0m. At year end it held assets of $47.7m against liabilities of $29.2m, net assets of $18.5m. It reported 619 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.