Mercy Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 407,383 | 344,379 | 63,004 | 26.7 | 0% |
| 2021 | 338,935 | 337,199 | 1,736 | 37.6 | 18% |
| 2022 | 72,486 | 108,527 | −36,041 | 97.9 | 61% |
| 2023 | 61,626 | 121,096 | −59,470 | 85.3 | 47% |
In its most recent public year (2023), this organization spent $59,470 more than it brought in. Its reserves stood at about 85.3 months of spending, up from 26.7 in 2020. Staff pay was 47% of spending. $635,924 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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