Mercy University
Mercy University maintains stable finances with growing assets and consistent operating margins.
EIN: 131967321 · Dobbs Ferry, NY · NTEE: B420 · Updated: 2026-03-28
Is Mercy University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy University directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy University
Mercy University (EIN: 131967321) is a nonprofit organization based in Dobbs Ferry, NY, classified under NTEE code B420. The organization reported total revenue of $202.8M and total assets of $696.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mercy University with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mercy University allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size and revenue, suggesting that executive compensation details may be reported elsewhere or structured in a way not captured by this specific line item.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mercy University's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive pay.
Strengths
The following positive indicators were identified for Mercy University:
- Consistent positive operating margins, indicating financial stability.
- Significant growth in assets over the past decade, from $337M in 2015 to $644M in 2023.
- Stable revenue streams, consistently above $170 million annually.
Frequently Asked Questions about Mercy University
Is Mercy University a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy University (EIN: 131967321) some concerns. Mission Score: 80/100. 1 red flag identified, 3 strengths noted.
How does Mercy University spend its money?
Mercy University directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy University tax-deductible?
Mercy University is registered as a tax-exempt nonprofit (EIN: 131967321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mercy University a good charity?
Mercy University appears to be a financially stable educational institution with consistent revenue and growing assets. Its primary mission is education (NTEE B420), and the financial data suggests it effectively manages its operations. The lack of reported officer compensation in the provided data is a point for further investigation regarding transparency.
How has Mercy University's asset base changed over time?
Mercy University's assets have shown substantial growth, increasing from $337,556,047 in 2015 to $644,977,634 in 2023, nearly doubling in less than a decade.
What is the trend in Mercy University's liabilities?
Liabilities have generally increased over the period, from $84,500,986 in 2015 to $215,676,669 in 2023, with a notable jump in the 2021-2022 period.
Filing History
IRS 990 filing history for Mercy University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercy University's revenue has grown by 14.2%, moving from $177.2M to $202.3M. Total assets increased by 307.6% over the same period, from $158.3M to $645.0M. Total functional expenses rose by 42.1%, from $137.8M to $195.8M. In its most recent filing year (2023), Mercy University reported a surplus of $6.5M, with revenue exceeding expenses. The organization holds $215.7M in liabilities against $645.0M in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $429.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $202.3M | $195.8M | $645.0M | $215.7M | — | — |
| 2022 | $239.5M | $209.0M | $626.7M | $230.6M | — | View 990 |
| 2021 | $205.2M | $189.3M | $646.0M | $234.8M | — | View 990 |
| 2020 | $212.4M | $200.1M | $411.7M | $79.0M | — | View 990 |
| 2019 | $174.4M | $171.8M | $403.3M | $73.1M | — | View 990 |
| 2018 | $179.1M | $168.9M | $400.8M | $80.7M | — | View 990 |
| 2017 | $178.8M | $167.0M | $385.0M | $85.5M | — | View 990 |
| 2016 | $179.1M | $166.3M | $347.3M | $85.9M | — | View 990 |
| 2015 | $190.2M | $152.0M | $337.6M | $84.5M | — | View 990 |
| 2014 | $183.7M | $150.7M | $276.6M | $48.6M | — | View 990 |
| 2013 | $181.9M | $153.2M | $235.3M | $48.2M | — | View 990 |
| 2012 | $183.3M | $146.6M | $199.1M | $47.3M | — | View 990 |
| 2011 | $177.2M | $137.8M | $158.3M | $42.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202.3M, expenses of $195.8M, and assets of $645.0M (revenue -15.5% year-over-year).
- 2022: Revenue of $239.5M, expenses of $209.0M, and assets of $626.7M (revenue +16.7% year-over-year).
- 2021: Revenue of $205.2M, expenses of $189.3M, and assets of $646.0M (revenue -3.4% year-over-year).
- 2020: Revenue of $212.4M, expenses of $200.1M, and assets of $411.7M (revenue +21.8% year-over-year).
- 2019: Revenue of $174.4M, expenses of $171.8M, and assets of $403.3M (revenue -2.6% year-over-year).
- 2018: Revenue of $179.1M, expenses of $168.9M, and assets of $400.8M (revenue +0.2% year-over-year).
- 2017: Revenue of $178.8M, expenses of $167.0M, and assets of $385.0M (revenue -0.2% year-over-year).
- 2016: Revenue of $179.1M, expenses of $166.3M, and assets of $347.3M (revenue -5.8% year-over-year).
- 2015: Revenue of $190.2M, expenses of $152.0M, and assets of $337.6M (revenue +3.6% year-over-year).
- 2014: Revenue of $183.7M, expenses of $150.7M, and assets of $276.6M (revenue +1.0% year-over-year).
- 2013: Revenue of $181.9M, expenses of $153.2M, and assets of $235.3M (revenue -0.8% year-over-year).
- 2012: Revenue of $183.3M, expenses of $146.6M, and assets of $199.1M (revenue +3.4% year-over-year).
- 2011: Revenue of $177.2M, expenses of $137.8M, and assets of $158.3M.
Data Sources and Methodology
This transparency report for Mercy University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.