THE MERCY HOSPITAL INC
114 WOODLAND ST MS 105-103-58, HARTFORD, CT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $333,936,584 | $344,891,244 | -$27,409,190 |
| FY2024 | $337,386,840 | $326,483,165 | $39,083,642 |
| FY2023 | $325,809,178 | $313,637,089 | $69,161,050 |
| FY2022 | $348,898,322 | $343,625,157 | $60,108,816 |
| FY2021 | $349,346,324 | $334,810,895 | $196,402,432 |
| FY2020 | $362,089,765 | $352,374,467 | $187,045,125 |
| FY2019 | $352,174,369 | $354,846,132 | $188,496,782 |
| FY2018 | $338,212,117 | $338,147,683 | $180,260,949 |
| FY2017 | $321,518,886 | $301,907,564 | $182,409,198 |
| FY2016 | $274,093,508 | $275,123,732 | $155,030,287 |
| FY2015 | $278,189,092 | $257,164,269 | $156,931,034 |
| FY2014 | $253,551,526 | $235,514,014 | $137,641,174 |
| FY2013 | $125,765,732 | $116,047,675 | $113,115,016 |
| FY2012 | $236,226,638 | $211,309,098 | $99,734,320 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $26,766,517 | 8% |
| Program service revenue | $304,618,322 | 92% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $294,604,596 | 85% |
| Management & general | $50,286,648 | 15% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 92% of total revenue in FY2025.
- Program services accounted for 85% of functional expenses, management & general 15%, and fundraising 0%.
- 85% of functional expenses went to program services in FY2025. That is higher than 47.9% of 71 Health Care organizations in CT.
- Net assets covered about -1 month of expenses at the end of the reporting year. That puts it in the 9th percentile among 295 Health Care organizations in CT.
- Total revenue was higher than 94.7% of 303 Health Care organizations in CT.
- Total revenue rose from $236,226,638 in FY2012 to $333,936,584 in FY2025, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2016, FY2019, FY2025).
- The highest revenue on record here is $362,089,765 in FY2020.
- Net assets declined from $99,734,320 to -$27,409,190 between FY2012 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PROVIDE HEALTH CARE AND HOSPITAL SERVICES
IRS status
| Ruling year | 1946 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in CT) |
Similar organizations
- SAINT MARYS HOSPITAL INC — HARTFORD, CT · $374,354,376
- THE GRIFFIN HOSPITAL — DERBY, CT · $273,659,100
- NORWALK HOSPITAL ASSOCIATION — NORWALK, CT · $439,338,450
- MIDSTATE MEDICAL CENTER — MERIDEN, CT · $477,938,120
- TRINITY HEALTH OF NEW ENGLAND CORPORATION INC — HARTFORD, CT · $175,906,147
- LAWRENCE AND MEMORIAL HOSPITAL INC — NEW LONDON, CT · $533,941,525
- MIDDLESEX HOSPITAL — MIDDLETOWN, CT · $562,648,390
- GREENWICH HOSPITAL — GREENWICH, CT · $591,780,458
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.