AI Transparency Report
Mercy International demonstrates fluctuating financial health over the past few years. While the organization reported a significant revenue of $2,503,568 in 2022, its latest filing (202312) shows a substantial decrease in revenue to $724,054 and expenses exceeding revenue at $1,291,579, resulting in a deficit. This recent trend of spending more than it earns, as also seen in 2023 and 2018, raises concerns about long-term sustainability if not addressed. However, the organization's assets have grown considerably from $29,111 in 2011 to $2,346,559 in 2023, indicating a strong build-up of resources over time.
The organization appears to have a strong program focus, as indicated by the absence of reported officer compensation across all filings, suggesting that resources are directed towards its mission rather than executive salaries. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging beyond the overall revenue-to-expense ratio. Transparency regarding specific program, administrative, and fundraising costs would further enhance public trust and allow for a more granular analysis of its operational efficiency.