New Mercies Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 165,380 | 82,953 | 82,427 | 11.9 | — |
| 2022 | 317,174 | 258,072 | 59,102 | 6.6 | 82% |
| 2023 | 426,366 | 316,792 | 109,574 | 9.5 | 76% |
In its most recent public year (2023), this organization brought in $109,574 more than it spent. Its reserves stood at about 9.5 months of spending, down from 11.9 in 2021. Staff pay was 76% of spending. $73,990 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
New Mercies Ministries Inc'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