Mercy College of Health Sciences

Analysis

Mercy College of Health Sciences is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy College of Health Sciences reported income of $21.9m and spending of $18.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.8m to $21.9m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mercy College of Health Sciences sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Charis Bible Colleges Inc ($21.7m), Urban Alternative ($22.0m) and Word on Fire Catholic Ministries ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 84% of the total. At year end it held assets of $53.7m against liabilities of $5.7m, net assets of $48.0m.