Dubuque Mercy Health Foundation

Analysis

Dubuque Mercy Health Foundation is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dubuque Mercy Health Foundation reported income of $1.7m and spending of $1.9m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $1.7m (-36%), an average of -10% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dubuque Mercy Health Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Chesapeake General Hospital Healthcare Foundation ($1.7m), Foundation of Yuma Regional Medical Center ($1.7m) and Vecinos Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $122k (6.6% of expenses). Other salaries and wages came to $42k. At year end it held assets of $6.9m against liabilities of $24k, net assets of $6.9m.