Mercyhurst University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,563,124 | 113,362,871 | 6,200,253 | 9.6 | 26% |
| 2012 | 129,278,258 | 123,496,229 | 5,782,029 | 9.2 | 25% |
| 2013 | 133,853,631 | 130,904,151 | 2,949,480 | 9.3 | 25% |
| 2014 | 132,034,613 | 132,751,671 | −717,058 | 9.3 | 25% |
| 2015 | 134,289,423 | 137,178,918 | −2,889,495 | 8.7 | 24% |
| 2016 | 137,737,320 | 141,623,921 | −3,886,601 | 7.9 | 24% |
| 2017 | 147,096,452 | 148,192,236 | −1,095,784 | 7.6 | 20% |
| 2018 | 150,222,776 | 146,287,157 | 3,935,619 | 8.1 | 22% |
| 2019 | 158,615,240 | 153,852,696 | 4,762,544 | 8.0 | 20% |
| 2020 | 156,288,555 | 156,810,507 | −521,952 | 7.4 | 20% |
| 2021 | 158,652,157 | 151,916,613 | 6,735,544 | 8.5 | 19% |
| 2022 | 162,924,977 | 157,564,444 | 5,360,533 | 8.2 | 18% |
| 2023 | 149,337,359 | 151,539,948 | −2,202,589 | 7.9 | 18% |
In its most recent public year (2023), this organization spent $2,202,589 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 9.6 in 2011. Staff pay was 18% of spending. $26,041,387 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
Mercyhurst University's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works