Mercy House Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 512,825 | 205,251 | 307,574 | 18.0 | 0% |
| 2021 | 465,530 | 622,129 | −156,599 | 2.9 | 0% |
| 2022 | 268,987 | 282,030 | −13,043 | 5.9 | 15% |
| 2023 | 298,180 | 329,889 | −31,709 | 3.9 | 26% |
In its most recent public year (2023), this organization spent $31,709 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 18 in 2020. Staff pay was 26% of spending. $9,500 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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