Merit America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,796,328 | 16,870 | 2,779,458 | 1977.1 | 0% |
| 2020 | 6,184,968 | 3,457,983 | 2,726,985 | 18.8 | 59% |
| 2021 | 11,449,992 | 9,009,101 | 2,440,891 | 10.5 | 49% |
| 2022 | 28,420,779 | 22,530,704 | 5,890,075 | 7.3 | 48% |
| 2023 | 43,214,562 | 36,218,842 | 6,995,720 | 6.9 | 52% |
In its most recent public year (2023), this organization brought in $6,995,720 more than it spent. Its reserves stood at about 6.9 months of spending, down from 1977.1 in 2019. Staff pay was 52% of spending. $370,064 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
Merit America'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