Mercy Medical Foundation
Analysis
Mercy Medical Foundation 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Mercy Medical Foundation reported income of $1.1m and spending of $787k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.1m (-6.6%), an average of -1.7% a year. The sharpest change came in the year to June 2022, when income rose by 302%. Over the whole period it spent 34% 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 Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Agape Pregnancy Resource Center ($1.1m), Camp Ho Mita Koda Foundation ($1.1m) and Consumers for Affordable Health Care Foundation ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $14.9m against liabilities of $798k, net assets of $14.1m.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Other 82%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Agape Pregnancy Resource Center | Round Rock | $1.1m |
| Camp Ho Mita Koda Foundation | Newbury | $1.1m |
| Consumers for Affordable Health Care Foundation | Augusta | $1.1m |
| California Association of Health Information Exchanges | Chico | $1.1m |