Iowa · Nonprofit
Mercy Hospital Foundation
Mercy Hospital Foundation (Iowa) receives grants from 8 organizations whose IRS filings report $519,245 to it, the largest being NORTHEAST IOWA CHARITABLE FOUNDATION ($400,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $1.8M
- Funders on record
- 8
- Grants received
- $519k
- Net assets
- $0
What Mercy Hospital Foundation does
Mission
Generate private support for Mercy Hospital, Iowa City ("Mercy"); manage, invest and disburse funds with regard to donor's intentions.
As stated on its FY2024 Form 990.
Program
Mercy Hospital Foundation ("The Foundation") provided $124,301 in funding in fiscal year 2023 to Mercy Hospital Iowa City for assistance with purchasing medical equipment, flooring, website upgrades, nursing and health career scholarships and more to improve patient care, enhance the hospital's healing environment and provide support for specific areas.
$124,301 spentof which $124,301 as grants100% of program spending
The program described on its FY2022 Form 990. Program spending in total: $124,301.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $18M to $0 (−100%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base narrowed from 4 funders to 3 funders, grant income fell $213k → $23k.
From the IRS filings of Mercy Hospital Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Mercy Hospital Foundation leans on a few funders — its largest provides 77% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 94% · 2018 83% · 2019 90% · 2020 88% · 2021 38% · 2022 71% · 2023 89% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
80% of Mercy Hospital Foundation's funders are still giving 3 years after their first grant; 63% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
87% of Mercy Hospital Foundation's grant income comes from Iowa funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like Mercy Hospital Foundation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Iowa
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
0% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 8 related entities
- Mercy Hospital Iowa City Iowa · exempt
- Mercy Hospital Iowa City Iowa Self Insurance Plan and Trust · exempt
- Sisters of Mercy of the Americas West Midwest Community Inc · exempt
- Mercy Hospital Guild · exempt
- Iowa City Ambulatory Surgical Center LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for Mercy Hospital Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Mercy Hospital Foundation?
- Mercy Hospital Foundation (Iowa) receives grants from 8 organizations whose IRS filings report $519,245 to it, the largest being NORTHEAST IOWA CHARITABLE FOUNDATION ($400,000). 5 of them have funded it in more than one year.
- How many funders does Mercy Hospital Foundation have?
- IRS filings report 8 organizations giving $519,245 in grants to Mercy Hospital Foundation, 5 of which have funded it in more than one year.
- Who is the largest funder of Mercy Hospital Foundation?
- NORTHEAST IOWA CHARITABLE FOUNDATION is the largest funder on record, with $400,000 in grants. The full list of funders is on this page.
- How can an organization like Mercy Hospital Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing