Love Mercy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 540,512 | 140,205 | 400,307 | 37.8 | 43% |
| 2022 | 88,416 | 195,257 | −106,841 | 20.6 | 51% |
| 2023 | 114,158 | 180,820 | −66,662 | 17.8 | 60% |
In its most recent public year (2023), this organization spent $66,662 more than it brought in. Its reserves stood at about 17.8 months of spending, down from 37.8 in 2021. Staff pay was 60% 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
Love Mercy'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