Bon Secours Mercy Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,631,560 | 94,878,526 | −37,246,966 | 43.8 | 9% |
| 2021 | 66,888,886 | 73,068,066 | −6,179,180 | 64.6 | 13% |
| 2022 | 63,081,435 | 58,640,400 | 4,441,035 | 70.0 | 17% |
| 2023 | 49,912,263 | 54,079,999 | −4,167,736 | 78.6 | 19% |
In its most recent public year (2023), this organization spent $4,167,736 more than it brought in. Its reserves stood at about 78.6 months of spending, up from 43.8 in 2020. Staff pay was 19% of spending. $199,708,551 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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