Mercy Foundation-Bakersfield
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,086,341 | 2,344,445 | 3,741,896 | 92.4 | 0% |
| 2021 | 26,992,194 | 2,592,951 | 24,399,243 | 203.8 | 0% |
| 2022 | 2,896,110 | 2,738,065 | 158,045 | 189.8 | 0% |
| 2023 | 8,333,120 | 2,360,623 | 5,972,497 | 249.8 | 0% |
In its most recent public year (2023), this organization brought in $5,972,497 more than it spent. Its reserves stood at about 249.8 months of spending, up from 92.4 in 2020. Staff pay was 0% of spending. $7,276,187 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
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