Education (B430) IRS Verified DX Registered 990 on File

ST AMBROSE UNIVERSITY

EIN: 42-0703280 · DAVENPORT, IA 52803-2829 · United States · FY 2023 Data

3 out of 5 56 / 100 Based on 2+ years of filings

Financial strength (30%) 75/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Mount Mercy is a Catholic university that provides student-focused education in the spirit of the Sisters of Mercy and welcomes people of all beliefs to join our community in pursuit of baccalaureate and graduate education and compassionate service to those in need. We strive for excellence in accomplishing our mission through four interdependent goals: Using Reflective Judgement, engaging in strategic communication, serving the common good and promoting purposeful living

Financial Overview — FY 2023

$120.9M

Total Revenue

$113.4M

Total Expenses

$318.1M

Net Assets

1491

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 84.9%

Fundraising Efficiency 2726.5%

Operating Reserve 33.66x

Liability-to-Asset 17.5%

Revenue Diversification 85.3%

Executive Compensation $1.4M

Compared with Peers

FY 2023

Compared with 607 similar organizations (United States, Education, $100M and over in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	84.9%	87.4%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	13.3%	10.5%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.8%	1.3%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	2726.5%	4415.8%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	33.7 mo	20.3 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	17.5%	27.0%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	85.3%	84.6%	P10P90	Below median
Revenue growth Year over year revenue growth	-4.0%	-2.0%	P10P90
Expense growth Year over year expense growth	0.0%	5.9%	P10P90
Surplus margin Surplus as a share of revenue	6.2%	1.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$120.9M	$113.4M	$318.1M	84.9%	1491
2022	$125.9M	$113.4M	$290.3M	85.5%	1492
2021	$124.4M	$104.8M	N/A	—	1618

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Organization Details

EIN: 42-0703280
State: IA
City: DAVENPORT
ZIP: 52803-2829
Classification: B430
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1926
Foundation Code
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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