Mercy Foundation-Bakersfield

Analysis

Mercy Foundation-Bakersfield is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Foundation-Bakersfield reported income of $8.3m and spending of $2.4m, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $8.3m (+100%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 343%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Foundation-Bakersfield sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Bronx Rhio Inc ($8.3m), Sackler School of Medicine ($8.3m) and Allied Community Programs Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $49.6m against liabilities of $455k, net assets of $49.1m.