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Connecticut · Nonprofit

THE MERCY HOSPITAL INC

THE MERCY HOSPITAL INC (Connecticut) receives grants from 11 organizations whose IRS filings report $1,384,321 to it, the largest being MASSMUTUAL FOUNDATION INC ($800,000). 6 of them have funded it in more than one year.

Revenue FY2025
$334M
Funders on record
11
Grants received
$1.4M
Net assets
$-27409190
6/11 repeat funderspeak grant-dependency 0%
01What it does

What The Mercy Hospital Inc does

Mission

We, trinity health of new england and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities. The mercy hospital is a member of trinity health of new england and trinity health.

As stated on its FY2025 Form 990.

Program

  1. The mercy hospital has established itself as one of the leading providers of health care services in western massachusetts. The mercy hospital is a full-service acute care hospital with 182 beds providing services and programs for cardiac care, maternity services, cancer treatment, emergency care, diagnostic imaging, intensive care, critical care, and surgical procedures, in an inpatient and outpatient setting. The mercy hospital also provides a comprehensive hospital-based rehabilitation center. Please see schedule h and the website at www.trinityhealthofne.org/about-us/ for additional information.

    $294,604,596 spentof which $275,785 as grants$305,866,874 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $294,604,596.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($322M) Expenses 100 ($302M) Net assets 100 ($182M)2018 Revenue 105 ($338M) Expenses 112 ($338M) Net assets 99 ($180M)2019 Revenue 110 ($352M) Expenses 118 ($355M) Net assets 103 ($188M)2020 Revenue 113 ($362M) Expenses 117 ($352M) Net assets 103 ($187M)2021 Revenue 109 ($349M) Expenses 111 ($335M) Net assets 108 ($196M)2022 Revenue 109 ($349M) Expenses 114 ($344M) Net assets 33 ($60M)2023 Revenue 101 ($326M) Expenses 104 ($314M) Net assets 38 ($69M)2024 Revenue 105 ($337M) Expenses 108 ($326M) Net assets 21 ($39M)2025 Revenue 104 ($334M) Expenses 114 ($345M) Net assets -15 ($-27409190)
'17'18'19'20'21'22'23'24'25
Revenue (104)Expenses (114)Net assets (-15)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $650M to $255M (−61%).

$365M
$507M
$566M
$542M
$650M
$255M
$251M
$205M
$131M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 9% · 2021 0% · 2022 5% · 2023 12% · 2024 9% · 2025 7%. Grants only. Government contracts and fees sit inside program revenue.

8% of THE MERCY HOSPITAL INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$20M
’17
$64k
’18
−$2.7M
’19
$9.7M
’20
$15M
’21
$5.3M
’22
$12M
’23
$11M
’24
−$11M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Montez Carter

Dir, th of ne pres & CEO

Board chair

Joann Price

Director; chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24'25
Listed303229403634313231
Joined·+6+7+24+6+7+5+5+6
No longer listed·41013109847
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 4 funders to 2 funders, grant income fell $231k → $13k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $3.6M from 5 payers (the payer shares this organization's board, largest Trinity Health Corporation). These are real filings, and they are not money THE MERCY HOSPITAL INC raised.

From the IRS filings of THE MERCY HOSPITAL INC’s funders (the co-funder graph). Top 10 of 11 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE MERCY HOSPITAL INC leans on a few funders — its largest provides 58% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE MERCY HOSPITAL INC.

58%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2017 87% · 2018 100% · 2019 88% · 2020 53% · 2021 91% · 2022 81% · 2023 72% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

13% of THE MERCY HOSPITAL INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE MERCY HOSPITAL INC draws 100% of its grant income from funders outside Connecticut, across 4 states in all.

MA
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $423k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE MERCY HOSPITAL INC receives grants from 11 organizations whose IRS filings report $1.4M to it.

Operating margin−3% · bottom quartile
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding THE MERCY HOSPITAL INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $40 on record.

State$40
Top programs
  • Visual Media Services$40

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE MERCY HOSPITAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

13
board members
77%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 312 related entities

  • Mercy Care Alliance LLC · disregarded
  • Mercy Health Accountable Care Organization · disregarded
  • Advantage Healthsaint Mary's Medical Group · exempt
  • Allegany Franciscan Ministries Inc · exempt
  • Asylum Hill Family Medicine Center Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE MERCY HOSPITAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE MERCY HOSPITAL INC?
THE MERCY HOSPITAL INC (Connecticut) receives grants from 11 organizations whose IRS filings report $1,384,321 to it, the largest being MASSMUTUAL FOUNDATION INC ($800,000). 6 of them have funded it in more than one year.
How many funders does THE MERCY HOSPITAL INC have?
IRS filings report 11 organizations giving $1,384,321 in grants to THE MERCY HOSPITAL INC, 6 of which have funded it in more than one year.
Who is the largest funder of THE MERCY HOSPITAL INC?
MASSMUTUAL FOUNDATION INC is the largest funder on record, with $800,000 in grants. The full list of funders is on this page.
How can an organization like THE MERCY HOSPITAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing