Mercy Health Corporation
8201 E Riverside Blvd, Rockford, IL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $32,433,779 | $7,790,277 | $599,930,911 |
| FY2024 | $148,169,748 | $6,746,565 | $539,761,088 |
| FY2023 | $8,660,093 | $6,087,949 | $487,654,355 |
| FY2022 | $7,325,634 | $6,107,148 | $450,092,077 |
| FY2021 | $10,286,365 | $5,195,149 | $527,947,961 |
| FY2020 | $1,528,581 | $4,400,263 | $427,089,708 |
| FY2019 | $14,431,116 | $3,788,240 | $415,750,512 |
| FY2018 | $10,676,989 | $3,890,574 | $398,019,359 |
| FY2017 | $8,261,526 | $3,731,291 | $374,951,288 |
| FY2016 | $30,802,868 | $2,331,814 | $334,336,242 |
| FY2015 | $23,517 | $23,517 | $0 |
Form 990 filings
The returns filed by Mercy Health Corporation (EIN 47-2158680), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $0 | 0% |
| Other revenue | $32,433,779 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $7,452,908 | 96% |
| Management & general | $337,369 | 4% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 100% of total revenue in FY2025.
- Program services accounted for 96% of functional expenses, management & general 4%, and fundraising 0%.
- 96% of functional expenses went to program services in FY2025. That is higher than 81.1% of 37 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IL.
- Net assets covered about 924.1 months of expenses at the end of the reporting year. That puts it in the 98th percentile among 2703 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IL.
- Total revenue was higher than 99.2% of 2754 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IL.
- Total revenue rose from $23,517 in FY2015 to $32,433,779 in FY2025. Revenue increased in 6 and decreased in 4 of 10 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 11 reported years (FY2020).
- The highest revenue on record here is $148,169,748 in FY2024.
- Net assets grew from $0 to $599,930,911 between FY2015 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE MISSION OF MERCY HEALTH CORPORATION (MHC) IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER.
IRS status
| Ruling year | 2015 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T30 — Philanthropy, Voluntarism & Grantmaking Foundations (in IL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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