Mercy Medical Center
Mercy Medical Center faces recent operational deficits and growing liabilities despite substantial revenue growth.
EIN: 111635088 · Rockville Ctr, NY · NTEE: E220 · Updated: 2026-03-28
Is Mercy Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Medical Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Medical Center
Mercy Medical Center (EIN: 111635088) is a nonprofit organization based in Rockville Ctr, NY, classified under NTEE code E220. The organization reported total revenue of $333.0M and total assets of $248.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Medical Center is a major nonprofit that has been operating for 80 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $320.0M |
| Total Expenses | $349.3M |
| Surplus / Deficit | $-29,336,373 |
| Total Assets | $231.0M |
| Total Liabilities | $259.5M |
| Net Assets | $-28,529,702 |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 112.4% |
| Months of Reserves | 7.9 months |
Financial Health Grade: C
In 2023, Mercy Medical Center reported a deficit of $29.3M with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 112.4% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Mercy Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +7.4% | -1.9% |
| 2022 | +7.1% | +9.6% | -4.6% |
| 2021 | +0.9% | +6.7% | -7.2% |
| 2020 | +8.3% | +8.4% | +16.8% |
| 2019 | +6.2% | +4.2% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Medical Center with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mercy Medical Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $29.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 112.4%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all ten filings is unusual for an organization of this size and revenue, suggesting executive compensation may be reported differently or through a related entity, which impacts transparency regarding leadership costs.
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.
Red Flags
The following concerns were identified during AI analysis of Mercy Medical Center's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 expenses $349M vs. revenue $319M).
- Liabilities ($259,513,326 in 2023) exceeding assets ($230,983,624) in the most recent filing period.
- Unusual reporting of 0% officer compensation across all filings for a large organization.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided summary data.
Strengths
The following positive indicators were identified for Mercy Medical Center:
- Substantial and growing revenue base, reaching $332,956,926.
- Significant asset base, with total assets at $248,877,270.
- Long history of IRS 990 filings (10 filings), indicating consistent reporting.
- Operates in a critical NTEE code (E220 - General Hospitals), suggesting direct community benefit.
Frequently Asked Questions about Mercy Medical Center
Is Mercy Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Medical Center (EIN: 111635088) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Mercy Medical Center spend its money?
Mercy Medical Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy Medical Center tax-deductible?
Mercy Medical Center is registered as a tax-exempt nonprofit (EIN: 111635088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses consistently exceeded revenue in recent years (e.g., 2023 expenses $349M vs. revenue $319M)?
The filings show a trend of operational deficits, with expenses surpassing revenue in the last two reported periods. This could be due to increased operational costs, investments in new services, or other financial pressures common in the healthcare sector.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not offer a granular breakdown of expenses into program, administrative, and fundraising categories. A full 990 form would be needed for this detail.
Why is officer compensation consistently reported as 0%?
Reporting 0% officer compensation for an organization of this scale is highly unusual. It suggests that executive compensation might be paid through a related organization, or categorized differently within the financial statements, requiring further investigation into the full 990 forms and related party disclosures.
What is the reason for the significant increase in liabilities, particularly in 2023 where they exceeded assets?
The increase in liabilities to $259,513,326 in 2023, surpassing assets of $230,983,624, indicates a significant reliance on debt or other obligations. This could be due to capital expenditures, expansion projects, or operational financing, and warrants a deeper look into the balance sheet.
How does Mercy Medical Center plan to address the recent operational deficits and improve its financial stability?
The provided data does not include strategic plans or management responses to financial trends. Addressing operational deficits would typically involve cost control measures, revenue enhancement strategies, or a combination of both.
Filing History
IRS 990 filing history for Mercy Medical Center showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Mercy Medical Center's revenue has grown by 57.3%, moving from $203.4M to $320.0M. Total assets increased by 27.7% over the same period, from $180.8M to $231.0M. Total functional expenses rose by 73.3%, from $201.6M to $349.3M. In its most recent filing year (2023), Mercy Medical Center reported a deficit of $29.3M, with expenses exceeding revenue. The organization holds $259.5M in liabilities against $231.0M in assets (debt-to-asset ratio: 112.4%), resulting in net assets of $-28,529,702.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $320.0M | $349.3M | $231.0M | $259.5M | — | View 990 |
| 2022 | $301.3M | $325.4M | $235.5M | $234.7M | — | View 990 |
| 2021 | $281.4M | $296.8M | $246.9M | $221.7M | — | View 990 |
| 2020 | $278.8M | $278.0M | $266.0M | $224.9M | — | View 990 |
| 2019 | $257.4M | $256.5M | $227.7M | $186.5M | — | View 990 |
| 2018 | $242.4M | $246.1M | $217.9M | $176.9M | — | View 990 |
| 2017 | $234.0M | $233.3M | $212.8M | $167.9M | — | View 990 |
| 2016 | $213.1M | $219.0M | $197.8M | $153.8M | — | View 990 |
| 2015 | $214.4M | $209.8M | $193.4M | $143.7M | — | View 990 |
| 2014 | $203.4M | $201.6M | $180.8M | $135.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $320.0M, expenses of $349.3M, and assets of $231.0M (revenue +6.2% year-over-year).
- 2022: Revenue of $301.3M, expenses of $325.4M, and assets of $235.5M (revenue +7.1% year-over-year).
- 2021: Revenue of $281.4M, expenses of $296.8M, and assets of $246.9M (revenue +0.9% year-over-year).
- 2020: Revenue of $278.8M, expenses of $278.0M, and assets of $266.0M (revenue +8.3% year-over-year).
- 2019: Revenue of $257.4M, expenses of $256.5M, and assets of $227.7M (revenue +6.2% year-over-year).
- 2018: Revenue of $242.4M, expenses of $246.1M, and assets of $217.9M (revenue +3.6% year-over-year).
- 2017: Revenue of $234.0M, expenses of $233.3M, and assets of $212.8M (revenue +9.8% year-over-year).
- 2016: Revenue of $213.1M, expenses of $219.0M, and assets of $197.8M (revenue -0.6% year-over-year).
- 2015: Revenue of $214.4M, expenses of $209.8M, and assets of $193.4M (revenue +5.4% year-over-year).
- 2014: Revenue of $203.4M, expenses of $201.6M, and assets of $180.8M.
Data Sources and Methodology
This transparency report for Mercy Medical Center 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.