Waves Of Mercy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 152,135 | 172,195 | −20,060 | 5.1 | — |
| 2012 | 203,028 | 190,345 | 12,683 | 5.4 | 25% |
| 2013 | 249,327 | 235,546 | 13,781 | 5.1 | 20% |
| 2014 | 283,059 | 271,545 | 11,514 | 4.9 | 18% |
| 2015 | 424,798 | 240,971 | 183,827 | 14.7 | 20% |
| 2016 | 423,232 | 263,167 | 160,065 | 20.7 | 18% |
| 2017 | 460,688 | 238,251 | 222,437 | 34.1 | 20% |
| 2018 | 549,383 | 289,703 | 259,680 | 38.8 | 17% |
| 2019 | 477,000 | 332,875 | 144,125 | 39.0 | 14% |
| 2020 | 430,859 | 383,952 | 46,907 | 35.3 | 13% |
| 2021 | 563,478 | 360,575 | 202,903 | 44.3 | 21% |
| 2022 | 506,755 | 324,980 | 181,775 | 55.9 | 19% |
| 2023 | 456,016 | 517,792 | −61,776 | 33.6 | 12% |
In its most recent public year (2023), this organization spent $61,776 more than it brought in. Its reserves stood at about 33.6 months of spending, up from 5.1 in 2011. Staff pay was 12% 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
Waves Of Mercy Inc'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