Mercy Foundation of Des Moines Iowa

Analysis

Mercy Foundation of Des Moines Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Foundation of Des Moines Iowa reported income of $11.7m and spending of $6.6m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.6m to $11.7m (-46%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Foundation of Des Moines Iowa sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Tisch Multiple Sclerosis Research Center of New York Inc ($11.7m), Family Health Services of Erie County ($11.7m) and Hope House Inc ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $76.2m against liabilities of $6.3m, net assets of $69.9m.