MERCY COLLEGE OF HEALTH SCIENCES

MERCY COLLEGE OF HEALTH SCIENCES

DES MOINES, IA, US
501(c)(3)
EIN
42-1511682
School
Subordinate Organization

MERCY COLLEGE OF HEALTH SCIENCES

DES MOINES, IA, US
501(c)(3)
EIN
42-1511682
School
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$18,154,027

Program Services
78%
Other
18%
Investments
4%
Government Grants
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$17,223,970

Salaries & Benefits
68%
Offices, Occupancy & IT
18%
Other
5%
Fees to Service Providers
4%
Advertising & Promotion
3%
Depreciation
3%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$290,725
$101,408
-65%
Fundraising Events
$0
$0
-
Program Services
$18,417,638
$14,152,373
-23%
Membership Dues
$0
$0
-
Investments
$284,950
$705,571
+148%
Other
$2,919,636
$3,194,675
+9%
Total Revenues
$21,912,949
$18,154,027
-17%
Expenses
2023
2024
Change
Grants
$303,028
$1,417
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$11,729,616
-
Fees to Service Providers
$13,028,893
$696,507
-95%
Advertising & Promotion
$588,845
$439,454
-25%
Offices, Occupancy & IT
$3,011,201
$3,029,807
+1%
Interest
$0
$0
-
Depreciation
$105,494
$434,218
+312%
Other
$1,869,760
$892,951
-52%
Total Expenses
$18,907,221
$17,223,970
-9%
Net income
2023
2024
Change
Net income
+$3,005,728
+$930,057
-69%
Functional Expenses
Summary
2023
2024
Change
Program
$16,226,146
$12,945,101
-20%
Admin
$2,681,075
$4,278,869
+60%
Fundraising
$0
$0
-
Total Expenses
$18,907,221
$17,223,970
-9%
Income Statement
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