Mercy Care

Analysis

Mercy Care is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Mercy Care reported income of $4.85bn and spending of $4.70bn, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.85bn to $4.85bn (+26%), an average of +6.0% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Care sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AZ. Charities of a similar size with the same main cause include Atlantic Health System Inc ($4.24bn), Highmark Health ($5.62bn) and Methodist Hospital Group ($3.93bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. At year end it held assets of $1.42bn against liabilities of $937.1m, net assets of $478.0m.