Mercy Medical Center Merced Foundation

Analysis

Mercy Medical Center Merced Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Medical Center Merced Foundation reported income of $1.4m and spending of $1.8m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Medical Center Merced Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Lakeview Health Foundation ($1.4m), The Gordon and Mary Cain Pediatric Neurology Research Foundation ($1.4m) and Hope for the Day ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $3.0m against liabilities of $11k, net assets of $3.0m.