The Mercy Hospital Inc
88% goes to programs $0 to raise $100
The Mercy Hospital Inc is a 501(c)(3) organization based in Hartford, Connecticut, registered in 1946, with $337,386,840 in FY2023 revenue. CharityIndex grades it B+, and it directs about 88% of spending to programs.
114 Woodland St Ms 105-103-58, Hartford, CT, 06105 EIN 04-3398280 Since 1946
Revenue (FY2023)
$337.4M
▲ 3.6% vs prior year
Health median: $840K
Expenses (FY2023)
$326.5M
Net assets
$39.1M
Employees
1,799
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Mercy Hospital Inc: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Mercy Hospital Inc: 1 mo reserves · +3% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Mercy Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Mercy Hospital Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide health care and hospital services
What they do
The mission statement of the hospital is as follows:we, mercy hospital and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities.
Contact & location
- Address
- 114 Woodland St Ms 105-103-58, Hartford, CT, 06105
- City
- Hartford
- State
- Connecticut
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $253.6M (FY2013) to $337.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $166.2MNet assets $39.1M
Operating margin
3.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$205.3M
Total liabilities
$166.2M
Net assets
$39.1M
Salaries & benefits
$99.2M
30% of expenses
Board members
14
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $337,386,840▲3.6% | $326,483,165▲4.1% | $39,083,642▼43.5% | $205,298,889▼18.2% | 990 |
| 2022 | $325,809,178▼6.6% | $313,637,089▼8.7% | $69,161,050▲15.1% | $250,962,138▼1.7% | 990 |
| 2021 | $348,898,322▼0.1% | $343,625,157▲2.6% | $60,108,816▼69.4% | $255,252,834▼60.7% | 990 |
| 2020 | $349,346,324▼3.5% | $334,810,895▼5.0% | $196,402,432▲5.0% | $650,277,258▲20.0% | 990 |
| 2019 | $362,089,765▲2.8% | $352,374,467▼0.7% | $187,045,125▼0.8% | $542,089,487▼4.2% | 990 |
| 2018 | $352,174,369▲4.1% | $354,846,132▲4.9% | $188,496,782▲4.6% | $565,783,988▲11.5% | 990 |
| 2017 | $338,212,117▲5.2% | $338,147,683▲12.0% | $180,260,949▼1.2% | $507,355,566▲38.9% | 990 |
| 2016 | $321,518,886▲17.3% | $301,907,564▲9.7% | $182,409,198▲17.7% | $365,185,233▲35.6% | 990 |
| 2015 | $274,093,508▼1.5% | $275,123,732▲7.0% | $155,030,287▼1.2% | $269,258,285▲7.3% | 990 |
| 2014 | $278,189,092▲9.7% | $257,164,269▲9.2% | $156,931,034▲14.0% | $251,011,056▲15.8% | 990 |
| 2013 | $253,551,526 | $235,514,014▲11.5% | $137,641,174▲38.0% | $216,680,288▲11.9% | 990 |
| 2012 | — | $211,309,098▲1.9% | $99,734,320▲34.7% | $193,664,026▲15.7% | 990 |
| 2011 | — | $207,295,852▼0.6% | $74,043,109▲10.5% | $167,320,387▲9.1% | 990 |
| 2010 | — | $208,627,835 | $67,037,237 | $153,338,922 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Kiley Flynn — $326,729 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kiley Flynn | Nurse | 50 | $326,729 |
| Jaiteerth Avadhani | Chief Radiation Physicist | 50 | $286,996 |
| Sujith Sasidharan | Medical Physicist | 50 | $224,752 |
| Nancy Dufault | Nurse | 50 | $213,236 |
| Arosha Jayawickrema | Director As of 1/24 | 1 | — |
| Asha Dhamija Md | Chief Medical Officer | 25 | — |
| Barbara Mullen Csj | Director | 1 | — |
| Catherine Spath Md | Director, Mecial Staff President | 1 | — |
| Daniel Keenan | Svp Government Relations | 50 | — |
| Deborah Bitsoli | Former Officer; Th of Ne Mg Pres | 0 | — |
| Emily Brower | Director; Trinity Svp Clinical Intg | 1 | — |
| Gregory Davis | Director Through 12/23 | 1 | — |
| James Harris | Former Officer;th of Ne Dir of Reimb | 0 | — |
| James Smith | Director; Chair Through 12/23 | 1 | — |
| Jennifer Schneider | Treas; Svp & Regional Cfo Thr 10/23 | 1 | — |
| Joann Price | Dir; V Chair Thr 12/23;chair At 1/24 | 1 | — |
| John Kinney | Director As of 1/24 | 1 | — |
| Joyce Mandell | Director Through 12/23 | 1 | — |
| Karl Krapek | Director | 1 | — |
| Michelle Theroux | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Hallmark Health Care Solutions Inc | Medical Staffing | $2,467,253 |
| Pioneer Valley Cardiology PC | Healthcare Services | $1,889,331 |
| Sc Orthopedics of New England PC | Physician Fees | $1,888,693 |
| Adfinitas Health At Mercy Hospital | Physician Fees | $1,648,708 |
| Medicus Radiology Services LLC | Physician Fees | $1,295,162 |
Grants received · $3.4M total
21 grants to The Mercy Hospital Inc totaling $3.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Trinity Health Corporation | Community welfare - transforming communities initiative grant | 2023 | $290,847 |
| Donor Advised Charitable Giving | Health | 2023 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,250 |
| Trinity Health Corporation | Community welfare - transforming communities initiative grant | 2022 | $247,926 |
| Trustees of Boston University | Research research | 2022 | $23,159 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $9,400 |
| Trinity Health Corporation | Community welfare - it starts here, transforming communities & community grants | 2021 | $447,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $23,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $23,300 |
| Trinity Health Corporation | Community welfare - it starts here grant | 2020 | $60,000 |
| Matthew 25 Ministries Inc | Humanitarian aid | 2020 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $5,600 |
| Trinity Health Corporation | Community welfare - transforming communities initiative grant | 2019 | $450,000 |
| Donor Advised Charitable Giving | Health | 2019 | $20,000 |
| Trinity Health Corporation | Community welfare - transforming communities initiative grant | 2018 | $446,025 |
Grants made · $296K in FY2023
2 grants totaling $296K in FY2023. All grants made by The Mercy Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Partners For A Healthier Community Inc | Transforming communities initiative | $220,996 |
| Fertile Ground LLC | Transforming communities initiative | $74,881 |
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Frequently asked questions
- Is The Mercy Hospital Inc a legitimate nonprofit?
- Yes. The Mercy Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3398280, based in Hartford, Connecticut. Donations are tax-deductible.
- What is The Mercy Hospital Inc's EIN?
- The Mercy Hospital Inc's Employer Identification Number (EIN) is 04-3398280.
- How much revenue does The Mercy Hospital Inc report?
- The Mercy Hospital Inc reported $337,386,840 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The Mercy Hospital Inc's spending goes to programs?
- The Mercy Hospital Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Mercy Hospital Inc have?
- CharityIndex grades The Mercy Hospital Inc B+, based on program efficiency and fundraising cost.
- How much does The Mercy Hospital Inc's highest-paid employee make?
- The highest reported compensation on The Mercy Hospital Inc's latest Form 990 is $326,729, paid to Kiley Flynn (Nurse).
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Data for The Mercy Hospital Inc (EIN 04-3398280) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.