Mercysong Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 124,788 | 99,975 | 24,813 | -35.9 | 63% |
| 2021 | 82,233 | 81,182 | 1,051 | -44.1 | 51% |
| 2022 | 83,196 | 63,347 | 19,849 | -52.7 | 39% |
| 2023 | 56,259 | 66,457 | −10,198 | -52.1 | 38% |
In its most recent public year (2023), this organization spent $10,198 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-52.1 months), down from -35.9 in 2020. Staff pay was 38% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works