Mercy Education Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 949,777 | 662,500 | 287,277 | 13.8 | 41% |
| 2012 | 1,026,774 | 704,438 | 322,336 | 18.5 | 45% |
| 2013 | 918,488 | 797,114 | 121,374 | 18.4 | 46% |
| 2014 | 980,411 | 958,492 | 21,919 | 16.0 | 51% |
| 2015 | 1,208,215 | 946,995 | 261,220 | 19.6 | 52% |
| 2016 | 938,355 | 948,052 | −9,697 | 18.8 | 52% |
| 2017 | 1,297,064 | 1,033,090 | 263,974 | 22.0 | 56% |
| 2018 | 898,357 | 1,062,039 | −163,682 | 20.0 | 55% |
| 2019 | 1,001,236 | 1,072,177 | −70,941 | 18.4 | 55% |
| 2020 | 1,194,312 | 1,143,779 | 50,533 | 17.1 | 58% |
| 2021 | 1,008,193 | 880,519 | 127,674 | 29.7 | 53% |
| 2022 | 935,723 | 982,996 | −47,273 | 22.6 | 49% |
| 2023 | 981,616 | 1,043,137 | −61,521 | 21.9 | 59% |
In its most recent public year (2023), this organization spent $61,521 more than it brought in. Its reserves stood at about 21.9 months of spending, up from 13.8 in 2011. Staff pay was 59% of spending. $649,684 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 Education Project'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