Mercy Hospital Ardmore Inc

Analysis

Mercy Hospital Ardmore Inc is a registered charity in United States, based in Ardmore, OK. 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 Ardmore Inc reported income of $176.9m and spending of $175.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $182.5m to $176.9m (-3.1%), an average of -0.8% a year. Over the whole period it spent 94% 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 Ardmore Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OK. Charities of a similar size with the same main cause include Concordia Lutheran Ministries ($176.9m), Preferred Family Healthcare Inc ($177.1m) and Baystate Administrative Services Inc ($176.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $67.7m. At year end it held assets of $92.8m against liabilities of $9.3m, net assets of $83.5m.