Mercy Flight Southeast Inc

Analysis

Mercy Flight Southeast Inc is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in October 1986, 40 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 December 2022, Mercy Flight Southeast Inc reported income of $281k and spending of $327k, spending 116% of what it took in. Across the 4 years on record, from December 2018 to December 2022, income fell from $2.0m to $281k (-86%), an average of -48% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Flight Southeast Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Bev Hartig Huntington Disease Foundation Inc ($281k), Genuine Animate Navigate Assist Succeed ($281k) and Richmond Community Services Foundation Inc ($281k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $126k (39% of expenses). Other salaries and wages came to $18k. At year end it held assets of $744k against liabilities of $222k, net assets of $522k. It reported 3 employees.