Vessels Of Mercy Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 96,273 | 128,470 | −32,197 | 5.7 | 5% |
| 2012 | 103,053 | 113,625 | −10,572 | 5.4 | 11% |
| 2013 | 156,459 | 165,449 | −8,990 | 3.0 | 7% |
| 2014 | 178,448 | 159,549 | 18,899 | 4.6 | 12% |
| 2015 | 187,023 | 174,117 | 12,906 | 5.1 | 13% |
| 2016 | 219,184 | 188,258 | 30,926 | 6.7 | 12% |
| 2017 | 225,809 | 213,338 | 12,471 | 6.6 | 10% |
| 2018 | 276,033 | 245,330 | 30,703 | 7.2 | 9% |
| 2019 | 223,257 | 231,956 | −8,699 | 6.7 | 16% |
| 2020 | 307,435 | 255,570 | 51,865 | 8.5 | 10% |
| 2021 | 247,430 | 290,253 | −42,823 | 5.8 | 12% |
| 2022 | 217,845 | 234,489 | −16,644 | 6.3 | 13% |
| 2023 | 218,442 | 408,278 | −189,836 | 4.0 | 15% |
In its most recent public year (2023), this organization spent $189,836 more than it brought in. Its reserves stood at about 4 months of spending, down from 5.7 in 2011. Staff pay was 15% 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
Vessels Of Mercy Ministries Inc'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