Mercy Terrace Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 489,810 | 385,476 | 104,334 | 12.9 | 29% |
| 2012 | 627,724 | 360,278 | 267,446 | 22.9 | 26% |
| 2013 | 578,588 | 352,557 | 226,031 | 31.2 | 21% |
| 2014 | 631,923 | 347,632 | 284,291 | 41.6 | 24% |
| 2015 | 583,576 | 366,479 | 217,097 | 46.4 | 26% |
| 2016 | 695,864 | 387,442 | 308,422 | 53.6 | 25% |
| 2017 | 595,256 | 385,459 | 209,797 | 61.0 | 27% |
| 2018 | 500,493 | 442,571 | 57,922 | 54.8 | 18% |
| 2019 | 521,240 | 378,913 | 142,327 | 69.6 | 23% |
| 2020 | 513,459 | 391,236 | 122,223 | 71.7 | 26% |
| 2021 | 538,462 | 404,211 | 134,251 | 73.9 | 29% |
| 2022 | 519,157 | 514,575 | 4,582 | 56.4 | 23% |
| 2023 | 593,651 | 497,349 | 96,302 | 61.2 | 24% |
In its most recent public year (2023), this organization brought in $96,302 more than it spent. Its reserves stood at about 61.2 months of spending, up from 12.9 in 2011. Staff pay was 24% of spending.
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
Mercy Terrace Apartments'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