Friends of Mercy Medical Center Inc

Analysis

Friends of Mercy Medical Center Inc is a registered charity in United States, based in Rockville Ctr, NY. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Friends of Mercy Medical Center Inc reported income of $446k and spending of $418k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $446k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Mercy Medical Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Briermost Foundation ($446k), Peers Together of Wyoming County Inc ($446k) and Giving Recovery a Chance Everday Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $275k against liabilities of $0, net assets of $275k.