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Misericordia Foundation

Chicago, IL · EIN 23-7285834 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Misericordia Foundation reported $59.4 million in revenue and $40.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.51 went to program services, $1.44 to management and general costs and $5.05 to fundraising. Its largest source of revenue was contributions and grants: 69.2% of the total. The highest compensation it reported for one person was $240,417 (EXECUTIVE DIRECTOR). 5 people received more than $100,000 in reportable compensation. Revenue rose 4049% between 2019 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $41M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $59M

Other revenue was negative: −$452K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
93.5%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
1.4%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
5.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
69.2%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$240,417$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.59%1.18%
People paid over $100,000
Part VII, line 2
56
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
245.66.9
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$38M expenses · 100.0% of program spending · grants $38M

Misericordia Foundation raises funds to grant to misericordia home, its supported organization.the funds granted support the general exempt operations and other specific needs of misericordia home

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$0$207,481$32,936$240,417
EXEC DIR (END 04/25) DIR (BEG 04/25)
Director/trustee, officer, 40.00 hrs/week
$187,823$0$32,324$220,147
DIRECTOR OF MAJOR GIFTS
Highest compensated employee, 40.00 hrs/week
$143,234$0$48,948$192,182
CFO
Officer, 40.00 hrs/week
$0$137,244$45,941$183,185
GRANT WRITER
Highest compensated employee, 40.00 hrs/week
$105,773$0$29,279$135,052
CHAIRMAN
Director/trustee, 40.00 hrs/week
$74,630$0$204$74,834

5 people received more than $100,000 in reportable compensation from Misericordia Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $430K (Part IX, line 5).

7 filings since 2019

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$20M$40M$60M$80M201920202021FY2023FY2024FY2025$59M$41M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$59M$41M93.5%$835M$240,417
FY2024 ⓘ$58M$5.5M56.4%$110M$184,515
FY2023 ⓘ$39M$9.7M84.8%$53M$119,991
FY2022 (6 mo.) ⓘ$15M$2.3M91.7%$21M—
2021 ⓘ$7.6M$1.7M99.4%$6.0M—
2020 ⓘ$1.9M$1.9M99.5%$20,904$201,098
2019 ⓘ$1.4M$1.4M99.3%$39,656$190,472

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 514
  • Volunteers Part I, line 62,000

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PRINT POST
Printing services
$266,469

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

59 private foundations reported grants to Misericordia Foundation totaling $6.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Misericordia Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Misericordia Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Misericordia Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Misericordia Foundation reported that 93.5% of its $40.8 million in expenses went to program services, 1.4% to management and general and 5.0% to fundraising (Form 990, Part IX).

How much does Misericordia Foundation pay its top executive?

The largest total compensation Misericordia Foundation reported for one person in the fiscal year ending June 30, 2025 was $240,417, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Misericordia Foundation get its money?

Of $59.4 million in revenue in the fiscal year ending June 30, 2025, 69.2% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Misericordia Foundation a registered charity?

The IRS lists EIN 23-7285834 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349300337 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541149349301909 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410749349300616 · read the filing
  • FY2022 (6 mo.): Form 990 for the 6-month short period ending June 30, 2022, object 202440719349301169 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213149349305756 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202131339349303928 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202011549349300231 · read the filing

All filings for EIN 23-7285834: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.