Mercy Flight Inc
Mercy Flight Inc: Strong Financials, High Program Spending
EIN: 222560963 · Buffalo, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $28.7M |
| Total Expenses | $21.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $290,000 |
| Net Assets | $16.8M |
| Transparency Score | 85/100 |
Is Mercy Flight Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Flight Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Flight Inc
Mercy Flight Inc (EIN: 222560963) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $28.7M and total assets of $48.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Flight Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Flight Inc is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.4M |
| Total Expenses | $21.9M |
| Surplus / Deficit | $-497,980 |
| Total Assets | $49.3M |
| Total Liabilities | $32.6M |
| Net Assets | $16.8M |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 66.0% |
| Months of Reserves | 27.1 months |
Financial Health Grade: C
In 2023, Mercy Flight Inc reported a deficit of $498K with expenses exceeding revenue, holds 27.1 months of operating reserves (strong position), has a debt-to-asset ratio of 66.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercy Flight Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.3% | +2.3% | +0.1% |
| 2022 | +12.1% | +4.1% | +15.1% |
| 2021 | +13.2% | +5.1% | +0.8% |
| 2020 | +25.4% | -3.3% | +1.7% |
| 2019 | +1.1% | +15.7% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mercy Flight Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 85%
- fundraising: 10%
According to IRS 990 filings, Mercy Flight Inc allocates its expenses as follows: admin: 5%, programs: 85%, fundraising: 10%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $498K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.0%.
Executive Compensation Analysis
Executive compensation appears reasonable, with the CEO's reported compensation of $290,000 in 2022 representing approximately 1.1% of total revenues for that year, indicating responsible stewardship of funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Mercy Flight Inc:
- Consistently high program spending, averaging 85% of total expenses over the last three years.
- Strong revenue growth, increasing from $16.45 million in 2018 to $21.37 million in 2023.
- Healthy asset base of $49.31 million in 2023, providing financial stability.
- Low administrative and fundraising costs, demonstrating efficient operations.
Frequently Asked Questions about Mercy Flight Inc
Is Mercy Flight Inc a legitimate charity?
Mercy Flight Inc (EIN: 222560963) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $28.7M. No red flags identified. 4 strengths noted. Financial health grade: C.
How does Mercy Flight Inc spend its money?
Mercy Flight Inc directs 85% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Mercy Flight Inc tax-deductible?
Mercy Flight Inc is registered as a tax-exempt nonprofit (EIN: 222560963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mercy Flight Inc CEO make?
Mercy Flight Inc's highest-compensated officer earns $290,000 annually. The organization reported $28.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mercy Flight Inc's spending goes to programs?
Mercy Flight Inc directs 85% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mercy Flight Inc located?
Mercy Flight Inc is headquartered in Buffalo, New York and files with the IRS under EIN 222560963.
How many years of IRS 990 filings does Mercy Flight Inc have?
Mercy Flight Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $28.7M in total revenue.
What does Mercy Flight Inc do?
Mercy Flight Inc is a nonprofit organization in the Unknown sector, located in Buffalo, New York. It is classified under NTEE code Unknown.
How much revenue does Mercy Flight Inc have?
Mercy Flight Inc reported total revenue of $28,726,232. Based on 13 IRS 990 filings on record.
What are Mercy Flight Inc's total assets?
Mercy Flight Inc holds total assets of $48,618,418 as reported in IRS 990 filings.
Where is Mercy Flight Inc located?
Mercy Flight Inc is based in Buffalo, New York.
What is Mercy Flight Inc's EIN?
Mercy Flight Inc's Employer Identification Number (EIN) is 222560963. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mercy Flight Inc?
Mercy Flight Inc is classified under NTEE code Unknown (Unknown).
Is Mercy Flight Inc a registered 501(c)(3)?
Mercy Flight Inc appears in IRS records (EIN: 222560963). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Mercy Flight Inc file IRS Form 990?
Yes, Mercy Flight Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Mercy Flight Inc's revenue in 2023?
In the 202306 filing period, Mercy Flight Inc reported total revenue of $21,373,048, total expenses of $21,871,028, and net assets of $49,311,413.
Is Mercy Flight Inc's revenue growing or declining?
Mercy Flight Inc's revenue is declining. Revenue went from $26,481,483 (202206) to $21,373,048 (202306), a -19.3% change. Based on 13 filings on record.
What is Mercy Flight Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Mercy Flight Inc covers tax period 202306. It shows revenue of $21,373,048, expenses of $21,871,028, total assets of $49,311,413, and liabilities of $32,560,092.
How much does Mercy Flight Inc spend on programs vs administration?
Based on IRS 990 analysis, Mercy Flight Inc allocates approximately 85% of expenses to program services, 5% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Mercy Flight Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Mercy Flight Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Mercy Flight Inc's strengths?
Positive indicators for Mercy Flight Inc include: Consistently high program spending, averaging 85% of total expenses over the last three years.. Strong revenue growth, increasing from $16.45 million in 2018 to $21.37 million in 2023.. Healthy asset base of $49.31 million in 2023, providing financial stability.. Low administrative and fundraising costs, demonstrating efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Mercy Flight Inc compensate executives?
Executive compensation appears reasonable, with the CEO's reported compensation of $290,000 in 2022 representing approximately 1.1% of total revenues for that year, indicating responsible stewardship of funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Mercy Flight Inc. managed to maintain such a high percentage of program spending despite fluctuating revenues?
Mercy Flight Inc. has consistently prioritized program delivery, as evidenced by their spending breakdown. Even with revenue fluctuations, their operational model appears to be structured to direct the vast majority of funds towards their core mission, potentially through efficient cost management and strategic resource allocation rather than cutting program services.
Filing History
IRS 990 filing history for Mercy Flight Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercy Flight Inc's revenue has grown by 125.6%, moving from $9.5M to $21.4M. Total assets increased by 187% over the same period, from $17.2M to $49.3M. Total functional expenses rose by 135.2%, from $9.3M to $21.9M. In its most recent filing year (2023), Mercy Flight Inc reported a deficit of $498K, with expenses exceeding revenue. The organization holds $32.6M in liabilities against $49.3M in assets (debt-to-asset ratio: 66.0%), resulting in net assets of $16.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.4M | $21.9M | $49.3M | $32.6M | — | — |
| 2022 | $26.5M | $21.4M | $49.3M | $32.1M | — | View 990 |
| 2021 | $23.6M | $20.5M | $42.8M | $30.9M | — | — |
| 2020 | $20.9M | $19.5M | $42.5M | $33.8M | — | — |
| 2019 | $16.6M | $20.2M | $41.7M | $34.1M | — | View 990 |
| 2018 | $16.5M | $17.5M | $45.2M | $33.9M | — | View 990 |
| 2017 | $17.8M | $15.8M | $22.7M | $10.4M | — | View 990 |
| 2016 | $15.4M | $15.0M | $21.9M | $11.7M | — | View 990 |
| 2015 | $13.5M | $12.9M | $21.2M | $11.4M | — | View 990 |
| 2014 | $12.7M | $11.4M | $21.8M | $12.4M | — | View 990 |
| 2013 | $12.6M | $11.2M | $21.4M | $13.3M | — | View 990 |
| 2012 | $10.8M | $10.5M | $19.3M | $12.6M | — | View 990 |
| 2011 | $9.5M | $9.3M | $17.2M | $10.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.4M, expenses of $21.9M, and assets of $49.3M (revenue -19.3% year-over-year).
- 2022: Revenue of $26.5M, expenses of $21.4M, and assets of $49.3M (revenue +12.1% year-over-year).
- 2021: Revenue of $23.6M, expenses of $20.5M, and assets of $42.8M (revenue +13.2% year-over-year).
- 2020: Revenue of $20.9M, expenses of $19.5M, and assets of $42.5M (revenue +25.4% year-over-year).
- 2019: Revenue of $16.6M, expenses of $20.2M, and assets of $41.7M (revenue +1.1% year-over-year).
- 2018: Revenue of $16.5M, expenses of $17.5M, and assets of $45.2M (revenue -7.8% year-over-year).
- 2017: Revenue of $17.8M, expenses of $15.8M, and assets of $22.7M (revenue +15.7% year-over-year).
- 2016: Revenue of $15.4M, expenses of $15.0M, and assets of $21.9M (revenue +14.4% year-over-year).
- 2015: Revenue of $13.5M, expenses of $12.9M, and assets of $21.2M (revenue +6.1% year-over-year).
- 2014: Revenue of $12.7M, expenses of $11.4M, and assets of $21.8M (revenue +0.8% year-over-year).
- 2013: Revenue of $12.6M, expenses of $11.2M, and assets of $21.4M (revenue +16.2% year-over-year).
- 2012: Revenue of $10.8M, expenses of $10.5M, and assets of $19.3M (revenue +14.4% year-over-year).
- 2011: Revenue of $9.5M, expenses of $9.3M, and assets of $17.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Flight Inc:
Data Sources and Methodology
This transparency report for Mercy Flight Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.