Mercy Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −38,667 | 0 | −38,667 | — | — |
| 2012 | 11,774 | 0 | 11,774 | — | — |
| 2013 | −26,259 | 0 | −26,259 | — | — |
| 2014 | −41,256 | 0 | −41,256 | — | — |
| 2015 | −19,832 | 0 | −19,832 | — | — |
| 2016 | −37,280 | 0 | −37,280 | — | — |
| 2017 | 70,838 | 0 | 70,838 | — | — |
| 2018 | 32,450 | 0 | 32,450 | — | — |
| 2019 | 556,660 | 578,074 | −21,414 | -28.6 | 0% |
| 2020 | 577,598 | 563,621 | 13,977 | -29.1 | 0% |
| 2021 | 604,022 | 557,237 | 46,785 | -28.4 | 0% |
| 2022 | 606,350 | 552,652 | 53,698 | -27.5 | 0% |
| 2023 | 628,009 | 570,437 | 57,572 | -25.4 | 0% |
In its most recent public year (2023), this organization brought in $57,572 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-25.4 months). Staff pay was 0% 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
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