Operating record

The Mercy Hospital Inc

Hartford, CT · EIN 04-3398280 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$362,089,765$352,374,467$9,715,2986.432%
2021$349,346,324$334,810,895$14,535,4297.029%
2022$348,898,322$343,625,157$5,273,1652.126%
2023$325,809,178$313,637,089$12,172,0892.626%

In its most recent public year (2023), this organization brought in $12,172,089 more than it spent. Its reserves stood at about 2.6 months of spending, down from 6.4 in 2020. Staff pay was 26% of spending. $3,464,298 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗