Mercy Hospital Inc

Analysis

Mercy Hospital Inc is a registered charity in United States, based in Moundridge, KS. It received its IRS tax-exemption ruling in January 1969, 57 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Mercy Hospital Inc reported income of $5.1m and spending of $5.6m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $5.1m (+66%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 60%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Hospital Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Butterfield Memorial Foundation ($5.1m), Prevention Action Alliance ($5.1m) and Coastal Home Health & Hospice Inc ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $97k (1.7% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $3.9m against liabilities of $2.0m, net assets of $1.9m. It reported 76 employees.