South Of Market Mercy Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,149,438 | 317,889 | 1,831,549 | -454.0 | 0% |
| 2012 | 7,439,841 | 797,823 | 6,642,018 | -106.6 | 0% |
| 2013 | 8,205,956 | 1,044,560 | 7,161,396 | -133.4 | 0% |
| 2014 | 1,210,373 | 2,120,114 | −909,741 | -81.5 | 0% |
| 2015 | 627,003 | 3,976,911 | −3,349,908 | -72.9 | 0% |
| 2016 | 7,727,900 | 811,422 | 6,916,478 | -331.9 | 0% |
| 2017 | 88,889 | 7,005,607 | −6,916,718 | -31.1 | 0% |
| 2018 | 2,518,929 | 2,315,780 | 203,149 | -82.0 | 0% |
| 2019 | −3,784,148 | 6,486,434 | −10,270,582 | -1.8 | 0% |
| 2020 | 94,805 | 6,864,495 | −6,769,690 | -43.4 | 0% |
| 2021 | 161,294 | 10,362,975 | −10,201,681 | -41.1 | 0% |
| 2022 | 225,902 | 12,562,819 | −12,336,917 | -44.2 | 0% |
| 2023 | 175,908 | 8,652,566 | −8,476,658 | -65.3 | 0% |
In its most recent public year (2023), this organization spent $8,476,658 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-65.3 months), up from -454 in 2011. Staff pay was 0% 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
South Of Market Mercy Housing'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