Mercy Health Services Inc

Analysis

Mercy Health Services Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Mercy Health Services Inc reported income of $16.7m and spending of $14.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.2m to $16.7m (+83%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Health Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Vernon J Harris East End Community Health Center ($16.7m), River Valley Health ($16.7m) and Planned Parenthood Great Rivers-Missouri ($16.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $1.2m (7.9% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $20.5m against liabilities of $7.1m, net assets of $13.4m. It reported 223 employees.