Sisters of Mercy Urgent Care Inc

Analysis

Sisters of Mercy Urgent Care Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in October 1986, 40 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Sisters of Mercy Urgent Care Inc reported income of $11.8m and spending of $11.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.1m to $11.8m (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2020, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sisters of Mercy Urgent Care Inc 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 NC. Charities of a similar size with the same main cause include Scholarship Foundation of St Louis ($11.8m), Valley Healthcare System Inc ($11.8m) and United States and Canadian Academy of Pathology Inc ($11.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.1m (9.1% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $14.1m against liabilities of $5.4m, net assets of $8.6m. It reported 153 employees.