Mercy Health Foundation of Oklahoma

Analysis

Mercy Health Foundation of Oklahoma is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Health Foundation of Oklahoma reported income of $115k and spending of $95k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $115k (-91%), an average of -44% a year. The sharpest change came in the year to June 2022, when income rose by 361%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Health Foundation of Oklahoma sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OK. Charities of a similar size with the same main cause include Mill Creek Jr Baseball League Inc ($115k), Clay Center PTO Incorporated ($115k) and Wood Bridge Pre-School Inc ($115k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.