Mercy Hospital

Analysis

Mercy Hospital is a registered charity in United States, based in Phoenix, AZ. 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 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 reported income of $14.0m and spending of $13.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $14.0m (+1.8%), an average of +0.4% a year. Over the whole period it spent 88% 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 sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Sunbelt Health Care Centers Inc ($14.0m), Villa Mary Immaculate ($14.1m) and Danbury Hospital & New Milford Hospital Foundation Inc ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $53k (0.4% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $47.7m against liabilities of $6.1m, net assets of $41.6m. It reported 98 employees.