Mercy Health Foundation Northwest Arkansas
Analysis
Mercy Health Foundation Northwest Arkansas is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Health Foundation Northwest Arkansas reported income of $5.6m and spending of $4.1m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.5m to $5.6m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income rose by 214%. Over the whole period it spent 105% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Health Foundation Northwest Arkansas sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AR. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($5.6m), Mississippi Center for Legal Services Corporation ($5.6m) and Westland School Inc ($5.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $930k. At year end it held assets of $26.4m against liabilities of $697k, net assets of $25.7m.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Habitat for Humanity International Inc | Aberdeen | $5.6m |
| Mississippi Center for Legal Services Corporation | Hattiesburg | $5.6m |
| Westland School Inc | Los Angeles | $5.6m |
| Rural Nevada Development Corporation | Ely | $5.6m |