Mercy Healthcare Foundation

Analysis

Mercy Healthcare Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 1995, 31 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 Healthcare Foundation reported income of $455k and spending of $17k, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $160k to $455k (+184%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 72%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Healthcare Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within AZ. Charities of a similar size with the same main cause include Miller Fellowship House Inc ($455k), Miles Memorial Hospital League ($455k) and Foundation for Hope and Health in Haiti ($455k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $5.3m against liabilities of $20k, net assets of $5.2m.