Mercy Medical Center Cedar Rapids Iowa Endowment Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,199,809 | 3,601,888 | 1,597,921 | 176.7 | 12% |
| 2012 | 5,898,405 | 3,978,269 | 1,920,136 | 158.3 | 12% |
| 2013 | 7,249,961 | 3,657,983 | 3,591,978 | 189.9 | 14% |
| 2014 | 5,627,466 | 4,573,676 | 1,053,790 | 165.1 | 11% |
| 2015 | 10,250,618 | 4,325,062 | 5,925,556 | 183.8 | 12% |
| 2016 | 10,616,676 | 3,385,707 | 7,230,969 | 231.5 | 15% |
| 2017 | 3,475,032 | 2,943,180 | 531,852 | 281.0 | 15% |
| 2018 | 4,086,142 | 3,472,942 | 613,200 | 243.9 | 15% |
| 2019 | 4,071,689 | 3,628,726 | 442,963 | 236.1 | 15% |
| 2020 | 33,984,489 | 3,457,373 | 30,527,116 | 354.4 | 14% |
| 2021 | 26,438,389 | 3,923,632 | 22,514,757 | 422.6 | 13% |
| 2022 | 17,935,593 | 7,567,382 | 10,368,211 | 215.8 | 8% |
| 2023 | 11,326,813 | 17,808,830 | −6,482,017 | 87.6 | 4% |
In its most recent public year (2023), this organization spent $6,482,017 more than it brought in. Its reserves stood at about 87.6 months of spending, down from 176.7 in 2011. Staff pay was 4% of spending. $78,287,286 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Mercy Medical Center Cedar Rapids Iowa Endowment Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works