Mercy Ships Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 121,432 | 0 | 121,432 | — | — |
| 2012 | 182,374 | 180,000 | 2,374 | 158.2 | 0% |
| 2013 | 25,592,729 | 158 | 25,592,571 | 2120886.0 | 0% |
| 2014 | 29,860,633 | 14,142,820 | 15,717,813 | 37.0 | 0% |
| 2015 | 30,435,435 | 19,794,951 | 10,640,484 | 32.9 | 0% |
| 2016 | 25,083,191 | 18,733,369 | 6,349,822 | 38.8 | 0% |
| 2017 | 34,701,552 | 15,739,032 | 18,962,520 | 61.1 | 0% |
| 2018 | 44,115,087 | 46,549,615 | −2,434,528 | 20.0 | 0% |
| 2019 | 46,795,284 | 19,896,707 | 26,898,577 | 62.7 | 0% |
| 2020 | 12,520,932 | 17,053,295 | −4,532,363 | 69.9 | 0% |
| 2021 | 41,080,286 | 84,865,504 | −43,785,218 | 27.8 | 0% |
| 2022 | 58,837,465 | 9,481,714 | 49,355,751 | 291.9 | 0% |
| 2023 | 4,147,992 | 1,397,977 | 2,750,015 | 2104.8 | 0% |
In its most recent public year (2023), this organization brought in $2,750,015 more than it spent. Its reserves stood at about 2104.8 months of spending. Staff pay was 0% of spending. $8,094,996 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 Ships Foundation'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