Mercy Ministries Of Laredo
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,147,059 | 2,848,129 | −701,070 | 102.5 | 51% |
| 2012 | 1,595,500 | 2,880,672 | −1,285,172 | 100.7 | 53% |
| 2013 | 1,503,410 | 3,030,897 | −1,527,487 | 99.9 | 53% |
| 2014 | 1,552,926 | 2,890,311 | −1,337,385 | 113.1 | 53% |
| 2015 | 1,503,166 | 3,007,945 | −1,504,779 | 107.9 | 55% |
| 2016 | 2,508,530 | 3,243,149 | −734,619 | 102.1 | 56% |
| 2017 | 1,727,110 | 3,363,907 | −1,636,797 | 101.9 | 58% |
| 2018 | 2,193,627 | 3,442,120 | −1,248,493 | 101.6 | 57% |
| 2019 | 1,573,630 | 3,390,838 | −1,817,208 | 101.7 | 55% |
| 2020 | 1,998,747 | 3,204,259 | −1,205,512 | 108.4 | 58% |
| 2021 | 2,012,412 | 3,458,484 | −1,446,072 | 119.4 | 52% |
| 2022 | 2,015,729 | 3,481,362 | −1,465,633 | 119.9 | 54% |
| 2023 | 1,849,270 | 3,850,267 | −2,000,997 | 107.4 | 57% |
In its most recent public year (2023), this organization spent $2,000,997 more than it brought in. Its reserves stood at about 107.4 months of spending, up from 102.5 in 2011. Staff pay was 57% of spending. $264,688 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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