Mercy Hospital Waldron

Analysis

Mercy Hospital Waldron is a registered charity in United States, based in Waldron, 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 Waldron reported income of $11.3m and spending of $11.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.1m to $11.3m (+1.6%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 98% 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 Waldron sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within AR. Charities of a similar size with the same main cause include Blick Clinic Inc ($11.3m), A New Way of Life Reentry Project ($11.3m) and Alliance NCTN Foundation ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $2.6m against liabilities of $150k, net assets of $2.5m.