Mercy Care Center
Analysis
Mercy Care Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2021, 5 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 Care Center reported income of $1.6m and spending of $3.9m, spending 246% of what it took in. The sharpest change came in the year to June 2023, when income rose by 5220%. Over the whole period it spent 374% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Care Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include South Carolina Autism Society Inc ($1.6m), Harrisonburg Rescue Squad Incorporated ($1.6m) and Americans for Better Hearing Foundation ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $6.4m against liabilities of $3.7m, net assets of $2.7m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 17%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Carolina Autism Society Inc | West Columbia | $1.6m |
| Harrisonburg Rescue Squad Incorporated | Harrisonburg | $1.6m |
| Americans for Better Hearing Foundation | Burr Ridge | $1.6m |
| Freedom Source Inc | Birmingham | $1.6m |