Mercy Care Foundation Inc

Analysis

Mercy Care Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Care Foundation Inc reported income of $4.9m and spending of $4.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $4.9m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 141%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Care Foundation 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 93rd percentile within GA. Charities of a similar size with the same main cause include Vivian B Adams School Board ($4.9m), Care of Southeastern Michigan ($4.9m) and Washington Poison Center ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% of the total. Compensation of current officers, directors and key employees was $351k (8.1% of expenses). Other salaries and wages came to $232k. At year end it held assets of $103.4m against liabilities of $667k, net assets of $102.7m.