Mercy Health Foundation Oklahoma City

Analysis

Mercy Health Foundation Oklahoma City 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Health Foundation Oklahoma City reported income of $11.5m and spending of $2.4m, leaving 79% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $11.5m (+220%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 265%. Over the whole period it spent 32% 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 Oklahoma City sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Hyacinth Foundation a New Jersey Nonprofit Corporation ($11.4m), Habitat for Humanity Vail Valley Inc ($11.5m) and Edlavitch Jewish Community Center of Washington DC Inc ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $887k. At year end it held assets of $55.0m against liabilities of $355k, net assets of $54.7m.