Mercy Health Foundation South
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,816,487 | 1,375,779 | 2,440,708 | 40.4 | 18% |
| 2012 | 1,220,972 | 856,053 | 364,919 | 58.7 | 29% |
| 2013 | 1,405,008 | 786,526 | 618,482 | 65.6 | 34% |
| 2014 | 1,130,392 | 1,396,509 | −266,117 | 45.3 | 23% |
| 2015 | 1,067,142 | 1,121,223 | −54,081 | 61.2 | 19% |
| 2016 | 953,166 | 1,104,033 | −150,867 | 65.0 | 18% |
| 2017 | 936,028 | 818,766 | 117,262 | 103.3 | 27% |
| 2018 | 1,832,981 | 1,839,350 | −6,369 | 48.9 | 9% |
| 2019 | 1,659,939 | 1,019,836 | 640,103 | 90.3 | 14% |
| 2020 | 21,021,309 | 1,870,082 | 19,151,227 | 165.8 | 9% |
| 2021 | 5,536,347 | 1,283,311 | 4,253,036 | 318.0 | 25% |
| 2022 | 6,098,197 | 3,012,048 | 3,086,149 | 141.2 | 17% |
| 2023 | 2,128,765 | 18,239,692 | −16,110,927 | 13.5 | 5% |
In its most recent public year (2023), this organization spent $16,110,927 more than it brought in. Its reserves stood at about 13.5 months of spending, down from 40.4 in 2011. Staff pay was 5% of spending. $16,917,604 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
Mercy Health Foundation South'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