Mercy Hospital Logan County Inc

Analysis

Mercy Hospital Logan County Inc is a registered charity in United States, based in Guthrie, OK. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Logan County Inc reported income of $24.5m and spending of $23.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.9m to $24.5m (+18%), an average of +4.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Hospital Logan County Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include St Vincent Williamsport Hospital Inc ($24.5m), Boys and Girls Club of Delaware Inc ($24.6m) and Petersburg Medical Center ($24.5m).

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. Other salaries and wages came to $13.4m. At year end it held assets of $5.2m against liabilities of $753k, net assets of $4.5m.