E — Health CareEIN: 420698295

Mercy Medical Center

Cedar Rapids, Iowa

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.07×
Peer Median0.50×
💰
$435.7M
Total Revenue
📊
$456.0M
Total Expenses
🏦
$489.6M
Net Assets
📋
$225.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.1%
Year-over-year change (2022 → 2023)
Net Margin
-4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
31.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$435,705,307↑4%$456,035,429↑10%$714,937,396
2022$418,379,415↑7%$412,756,686↑10%$716,000,674↓8%
2021$391,822,249↑10%$374,188,407↑6%$779,545,378↑17%
2020$356,239,864↑2%$351,548,767↑3%$664,794,237↑12%
2019$347,999,069↑2%$341,581,015↑2%$591,175,878↑3%
2018$341,273,386↑3%$334,499,790↑5%$573,230,191
2017$330,527,136↓2%$318,548,098↑4%$572,338,744↑3%
2016$337,525,683↑9%$306,338,020↑7%$556,796,573
2015$310,156,876↑13%$287,063,238↑4%$559,469,597↑3%
2014$275,240,189$275,832,397↑2%$543,266,322↑2%
2013$276,029,733↓5%$270,569,666↓1%$532,041,098↑11%
2012$290,632,192↑4%$273,141,129↑6%$477,555,554↑3%
2011$278,702,038$257,565,971$465,167,371

Frequently Asked Questions

What does Mercy Medical Center do?▼

Mercy Medical Center is a health care nonprofit organization based in Iowa. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mercy Medical Center financially healthy?▼

Based on our 9-metric Financial Health Score model, Mercy Medical Center has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mercy Medical Center generate?▼

Mercy Medical Center reports $478.8M in annual revenue and holds $728.2M in total assets, based on IRS filings.

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