MERCY MEDICAL CENTER

MERCY MEDICAL CENTER

CEDAR RAPIDS, IA, US
501(c)(3)
EIN
42-0698295
Hospital
Regional Funder
Subordinate Organization

MERCY MEDICAL CENTER

CEDAR RAPIDS, IA, US
501(c)(3)
EIN
42-0698295
Hospital
Regional Funder
Subordinate Organization

Overview

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Est.

1900

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

MERCY MEDICAL CENTER is a nonprofit organization focused on hospital care, dedicated to caring for the sick and enhancing the health of the communities it serves, guided by the spirit of the Sisters of Mercy. With an operating budget of $474 million and total revenue of $478.8 million for the filing year 2024, it is supported by a diverse range of funders. The organization does not rely on a single funder for 50% or more of its revenue and can be found online at www.mercycare.org.

Mission Statement

TO CARE FOR THE SICK AND ENHANCE THE HEALTH OF THE COMMUNITIES WE SERVE, GUIDED BY THE SPIRIT OF THE SISTERS OF MERCY.
Revenues

$478.8M

Expenses

$488.2M

Net Income:
-$9.4M
Assets

$728.2M

Liabilities

$233.9M

Net Assets:
+$494.2M
Operating Budget

$474M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

22

Median grant size
$121.5K
Largest grant received
$3.2M
T
Timothy Quinn Md
Board Member
R
Rue Patel
Board Member
M
Michele Busse
Board Member

Frequently Asked Questions

What is MERCY MEDICAL CENTER’s budget?
In 2024, MERCY MEDICAL CENTER reported an annual operating budget of around $474 million. More detailed financial information is available to registered users.
What causes does MERCY MEDICAL CENTER support?
MERCY MEDICAL CENTER supports work in Hospital care.
Where does MERCY MEDICAL CENTER operate?
MERCY MEDICAL CENTER is headquartered in CEDAR RAPIDS, IA.
Who funded MERCY MEDICAL CENTER recently?
In 2025, MERCY MEDICAL CENTER received grants from IOWA ONCOLOGY RESEARCH ASSOCIATION, AMERICAN ONLINE GIVING FOUNDATION INC, and MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MERCY MEDICAL CENTER received in 2024?
The largest grant to MERCY MEDICAL CENTER in 2024 exceeds $3.2 million.
Overview
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