Mercy Health Oklahoma Communities Inc

Analysis

Mercy Health Oklahoma Communities Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 1996, 30 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Health Oklahoma Communities Inc reported income of $22.6m and spending of $20.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.7m to $22.6m (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2021, when income rose by 124%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Health Oklahoma Communities Inc 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 97th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include United Federation of Teachers Educational Foundation Inc ($22.5m), Saybrook University ($22.6m) and Food Gatherers ($22.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $11.8m. At year end it held assets of $85.8m against liabilities of $18.3m, net assets of $67.5m.