Multitude Of Mercies Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 190,940 | 184,944 | 5,996 | 2.2 | — |
| 2022 | 355,321 | 514,342 | −159,021 | -2.9 | 44% |
| 2023 | 468,563 | 411,403 | 57,160 | -1.2 | 45% |
In its most recent public year (2023), this organization brought in $57,160 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 2.2 in 2021. Staff pay was 45% 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
Multitude Of Mercies Foundation'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