Mercy Hospital Watonga Inc

Analysis

Mercy Hospital Watonga Inc is a registered charity in United States, based in Watonga, 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).

In the financial year ending June 2023, Mercy Hospital Watonga Inc reported income of $10.0m and spending of $8.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $10.0m (+10%), an average of +2.4% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Hospital Watonga Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Commercial Vehicle Safety Alliance ($10.0m), Alabama Christian Academy ($10.0m) and Hospice Care Corporation Dba WV Caring ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $1.7m against liabilities of $491k, net assets of $1.2m.