Mercy Housing Management Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,790,763 | 21,031,156 | 759,607 | -0.5 | 53% |
| 2021 | 22,186,196 | 21,373,578 | 812,618 | -0.0 | 52% |
| 2022 | 21,242,925 | 24,152,367 | −2,909,442 | -1.5 | 47% |
| 2023 | 22,613,671 | 26,736,009 | −4,122,338 | -3.2 | 41% |
In its most recent public year (2023), this organization spent $4,122,338 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.2 months), down from -0.5 in 2020. Staff pay was 41% 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
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