Mercy Health Foundation Ada

Analysis

Mercy Health Foundation Ada is a registered charity in United States, based in Ada, OK. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3).

In the financial year ending June 2023, Mercy Health Foundation Ada reported income of $12.7m and spending of $849k, leaving 93% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $12.7m (+783%), an average of +72% a year. The sharpest change came in the year to June 2023, when income rose by 1903%. Over the whole period it spent 35% 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 Ada 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 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Harbor House Inc of Fort Smith ($12.7m), Eagle Village Inc ($12.7m) and Insight Incentive for Normal Social Interaction-Group Home Today Inc ($12.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $139k. At year end it held assets of $14.7m against liabilities of $123k, net assets of $14.6m.