Mercy Clinic East Communities

Analysis

Mercy Clinic East Communities is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Clinic East Communities reported income of $545.5m and spending of $775.8m, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $329.6m to $545.5m (+66%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Clinic East Communities sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Fiat Lux Risk and Insurance Company ($538.4m), Excela Health ($550.0m) and University of Victoria ($530.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $21.7m (2.8% of expenses). Other salaries and wages came to $464.7m. At year end it held assets of $111.4m against liabilities of $168.8m, net assets of -$57.4m. It reported 1,115 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.