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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 52-0591658

Mercy Medical Center Inc

BALTIMORE, MDNTEE: E220Founded 1949Website

mission statement

Like the Sisters of Mercy before us, we witness God's healing love for all people by providing excellent clinical services within a community of compassionate care. As an independent Catholic hospital, we pledge to enhance the health of our region and serve all people of every creed, color, economic, and social condition.

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Total Revenue

$633.9M

FY 2023

Program Spending

80.3%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$1.1B

Total Assets

$606.0M net

11.96 mo

Operating Reserves

FY 2023

+6%

Revenue Growth

YoY

4301

Total Employees

FY 2023

Funding Track Record

Backed by 26 Institutional Funders

$16.9M raised across 67 grants (2019–2024 filings)

Funder Geography

Funders across 11 states (2019–2024 filings)

Institutional Funding by Year

Funder	Location	Total Awarded
Mercy Health Foundation Inc	BALTIMORE, MD	$13,240,854
The Howard University	WASHINGTON, DC	$2,447,054
The Marion I and Henry Jknott Scholarship Fund Inc	BALTIMORE, MD	$283,334
Pink Aid Inc	WESTPORT, CT	$152,500
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$131,150
T Rowe Price Program for Charitable Giving Inc	BALTIMORE, MD	$100,500
Miller George Lee Memorial Pfdn 20-0327240	BROOKLYN, OH	$98,563
Cystic Fibrosis Foundation	BETHESDA, MD	$69,660
Ann D Black Charitable Remainder Tr 20 102020221580	BROOKLYN, OH	$63,640
Omega Medical Grants Association	ROSEMONT, IL	$53,300

Total tracked: $16,947,517 across 67 grants (2019–2024 filings)

Programs (FY 2023)

What They Do

$488.5M in expenses

Mercy Medical Center (MMC) owns and operates a 161-licensed bed general acute-care teaching hospital. MMC provides hospital services without regard to ability to pay, including medical and surgical inpatient and outpatient services, emergency room care, labor and delivery, and neonatal intensive care among other services. In Fiscal Year 2024, Mercy admitted 17,641 inpatient and observation cases, 20.3% of which was Medical Assistance revenue. MMC's largest major service category is Surgery and Centers of Excellence representing 62.2% of total hospital revenue. Mercy provided 29,545 surgical cases and 8,187 interventional cases during the period. MMC's second largest major service category is Medicine, representing 24.2% of total hospital revenue. In Fiscal Year 2024, Mercy served 7,393 medical admissions and observation cases and provided care for 45,527 Emergency Room visits. MMC's third largest major service category is Obstetrics/Neonatal Intensive Care/Pediatrics, representing 13.6% of total hospital revenue. In Fiscal Year 2024, MMC provided care for 2,355 Nursery Births and 281 NICU births during the period. MMC is the largest birthing hospital in Baltimore City. Approximately 57.8% of mothers delivering at Mercy are Medicaid insured.

Financial History