Mercy Hospital Fort Smith

Analysis

Mercy Hospital Fort Smith is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in March 1946, 80 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 Hospital Fort Smith reported income of $481.7m and spending of $409.9m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $382.8m to $481.7m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 86% 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 Fort Smith sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AR. Charities of a similar size with the same main cause include Mercy Hospital of Buffalo ($480.2m), Mount Nittany Medical Center ($482.1m) and Iha Health Services Corporation ($479.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $147.2m. At year end it held assets of $302.8m against liabilities of $47.5m, net assets of $255.3m.