WA Catholic Not For Profit MercyCare loses $6.2M in revenue in past 12 months
MercyCare, which employs 1,350 people and has 174 volunteers, has revealed in its annual report for the year ended 30 June 2022 that it lost $6.2 million in operating revenue. The WA Catholic Not For Profit, which is in its 20th year of operation in...
MercyCare, which employs 1,350 people and has 174 volunteers, has revealed in its annual report for the year ended 30 June 2022 that it lost $6.2 million in operating revenue. The WA Catholic Not For Profit, which is in its 20th year of operation in WA, has more than 40 locations across the Perth metropolitan area and West Kimberley delivering aged care, disability and community services and child care to thousands of Western Australians.
“MercyCare is in a strong position and its bright future is clearly laid out in our 2023 Strategic Plan. Over the last 12 months, we have continued to invest in and progress our growth agenda,” Anthony Smith, MercyCare CEO, said. “Construction has commenced on our new, state-of-the-art Residential Aged Care Home in Maddington. Due for completion in late 2023, this will be home for 108 residents who will experience the spirit of MercyCare’s commitment to care and compassion every day. “Planning and approvals have now been put in place for a new Early Learning Centre to be built in the growing south-eastern suburb of Piara Waters with construction set to begin in late 2022. We also opened our Rockingham Hub responding to the growing need for home care, disability services and outreach family and community services in the Rockingham and Peel Regions. This space also supports and builds on the flexible working arrangements that we have in place across MercyCare.”
It has total assets of $277 million and liabilities of $181 million.
