Mercy Gate Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 7,994 | 4,467 | 3,527 | 9.5 | — |
| 2018 | 69,311 | 49,115 | 20,196 | 5.8 | — |
| 2019 | 137,269 | 85,516 | 51,753 | 10.6 | — |
| 2020 | 135,072 | 121,820 | 13,252 | 8.7 | — |
| 2021 | 367,089 | 288,373 | 78,716 | 6.6 | 48% |
| 2022 | 1,104,281 | 424,496 | 679,785 | 28.5 | 51% |
| 2023 | 687,207 | 687,548 | −341 | 17.6 | 40% |
In its most recent public year (2023), this organization spent $341 more than it brought in. Its reserves stood at about 17.6 months of spending, up from 9.5 in 2017. Staff pay was 40% of spending. $35,982 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 Gate Ministries'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