Mercy Ships
- Assets
- $252.4m
- Revenue
- $155.1m
- Investments
- $0.0
- Employees
- 532
- Location
- Lindale, TX
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 26-2414132
Organization Overview
Mercy Ships is located in Lindale, TX. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Mercy Ships employed 532 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Ships is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Mercy Ships generated $155.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $145.7m during the year ending 12/2023. While expenses have increased by 12.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATES HOSPITAL SHIPS STAFFED BY VOLUNTEER MEDICAL AND NON-MEDICAL CREW TO BRING FREE SURGERIES AND MEDICAL TRAINING TO DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERCY SHIPS FOLLOWS THE 2,000-YEAR-OLD MODEL OF JESUS, BRINGING HOPE AND HEALING TO THE FORGOTTEN POOR. IN 2023, MERCY SHIPS CONTINUED PROVIDING MEDICAL SERVICES AT NO COST, INCLUDING, BUT NOT LIMITED TO: - SPECIALTY SURGERIES PERFORMED 3,862 - PATIENTS SCREENED FOR SURGERY 2,354 - HEALTHCARE PROFESSIONALS TRAINED AND MENTORED 1,520 - TOTAL NUMBER OF PARTICIPANT TRAINING HOURS 205,444 - DENTAL PROCEDURES 13,207 - VOLUNTEER CREW 2278 - CREW NATIONALITIES REPRESENTED 68 - TRAINED IN NUTRITIONAL AGRICULTURE 122
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 3 | $0 |
Name Not Listed CEO | OfficerTrustee | 55 | $347,777 |
Name Not Listed Chairman | OfficerTrustee | 3 | $0 |
Name Not Listed Secretary | OfficerTrustee | 3 | $0 |
Name Not Listed Director | Trustee | 3 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Full Hearts Mail Solicitations | 12/30/23 | $18,042,619 |
Dormac Marine & Engineering Shipping Agent | 12/30/23 | $5,531,331 |
Maersk As Marine Fuel Provider | 12/30/23 | $3,576,852 |
Mindwize Marketing Mail Solicitations | 12/30/23 | $3,144,088 |
U S Postal Service Mail Provider | 12/30/23 | $2,229,721 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $89,307 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $30,754,978 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,862,958 |
| Noncash contributions included in lines 1a–1f | $7,092,496 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,707,243 |
| Total Program Service Revenue | $34,404 |
| Investment income | $1,114,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $967 |
| Net Rental Income | $7,200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $132,982 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $155,091,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,839,535 |
| Grants and other assistance to domestic individuals. | $12,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $920,197 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,700,775 |
| Compensation of current officers, directors, key employees. | $543,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,239,112 |
| Pension plan accruals and contributions | $691,182 |
| Other employee benefits | $2,669,615 |
| Payroll taxes | $1,816,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $119,058 |
| Fees for services: Accounting | $34,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,907,228 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,977,680 |
| Advertising and promotion | $8,956,757 |
| Office expenses | $5,817,721 |
| Information technology | $3,660,166 |
| Royalties | $0 |
| Occupancy | $2,744,920 |
| Travel | $5,304,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $76,490 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,587,072 |
| Insurance | $886,090 |
| All other expenses | $8,695,233 |
| Total functional expenses | $145,692,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,457,746 |
| Savings and temporary cash investments | $33,801,503 |
| Pledges and grants receivable | $2,652,142 |
| Accounts receivable, net | $15,332,552 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,484,898 |
| Prepaid expenses and deferred charges | $3,252,296 |
| Net Land, buildings, and equipment | $149,183,293 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,222,786 |
| Total assets | $252,387,216 |
| Accounts payable and accrued expenses | $10,071,541 |
| Grants payable | $0 |
| Deferred revenue | $2,660 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,991,183 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,065,384 |
| Net assets without donor restrictions | $232,010,666 |
| Net assets with donor restrictions | $8,311,166 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $252,387,216 |
Grants Awarded
Over the last fiscal year, Mercy Ships has awarded $23,201,962 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MERCY SHIPS FOUNDATION PURPOSE: Programmatic support | $23,191,632 |
MERCY SHIPS INTERNATIONAL PURPOSE: Programmatic support | $10,330 |