Mercy Ships International
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,701,652 | 26,048,516 | 1,653,136 | 3.5 | 36% |
| 2012 | 29,443,433 | 25,529,433 | 3,914,000 | 5.4 | 40% |
| 2013 | 37,971,271 | 29,897,072 | 8,074,199 | 7.8 | 32% |
| 2014 | 62,846,827 | 50,136,242 | 12,710,585 | 7.6 | 21% |
| 2015 | 68,716,965 | 52,322,550 | 16,394,415 | 11.0 | 23% |
| 2016 | 79,952,396 | 60,662,773 | 19,289,623 | 13.1 | 21% |
| 2017 | 71,253,635 | 62,442,780 | 8,810,855 | 14.5 | 21% |
| 2018 | 116,840,423 | 75,788,838 | 41,051,585 | 18.4 | 19% |
| 2019 | 106,217,922 | 90,955,859 | 15,262,063 | 17.3 | 18% |
| 2020 | 110,683,026 | 79,255,209 | 31,427,817 | 24.7 | 22% |
| 2021 | 212,689,629 | 142,842,150 | 69,847,479 | 19.5 | 14% |
| 2022 | 133,883,712 | 136,875,817 | −2,992,105 | 20.3 | 18% |
| 2023 | 155,091,550 | 145,692,310 | 9,399,240 | 19.8 | 21% |
In its most recent public year (2023), this organization brought in $9,399,240 more than it spent. Its reserves stood at about 19.8 months of spending, up from 3.5 in 2011. Staff pay was 21% of spending. $8,311,166 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 Ships International'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