Mercy Ships

The information on this page was last updated 5/18/2023. If you see errors or omissions, please email: [email protected]


Summary

Mercy Ships began our mission to provide hope and healing to those in need in 1978. Each year we send hospital ships filled with volunteer professionals who selflessly provide life-changing surgeries to children and adults who otherwise would go without. Together we are saving lives.


Contact information

Mailing address:
Mercy Ships
PO Box 2020
Garden Valley, TX 75771-2020

Website: mercyships.org

Phone: (903) 939-7000

Email: [email protected]


Organization details

EIN: 953793975

CEO/President: Gert van de Weerdhof

Chairman: Gary Brown

Board size: 10

Founder: Don and Deyon Stephens

Ruling year: 2008

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1999


Purpose

Mercy Ships uses hospital ships to transform lives and serve nations, one at a time.


Mission statement

We follow the 2000-year-old model of Jesus, bringing hope and healing to the world's forgotten poor.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating1017 of 110479 of 88
Fund acquisition rating840 of 110567 of 88
Resource allocation rating772 of 110561 of 88
Asset utilization rating1043 of 110483 of 88

Financial ratios

Funding ratiosSector median20212020201920182010
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%10%12%12%11%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%12%12%10%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%99%98%96%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%14%17%14%16%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%1%2%4%6%
 
Operating ratiosSector median20212020201920182010
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%80%74%79%78%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%67%72%86%65%105%
Program output ratio Program output ratio =
Program services /
Total revenue
82%54%53%68%51%88%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%33%28%14%35%-5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%30%19%12%35%-25%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%6%9%7%6%9%
 
Investing ratiosSector median20212020201920182010
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.510.600.460.630.613.79
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.232.971.832.062.261.27
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.891.770.841.291.394.82
 
Liquidity ratiosSector median20212020201920182010
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.0118.0823.515.578.833.43
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.060.040.180.110.29
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.826.3913.607.647.651.76
 
Solvency ratiosSector median20212020201920182010
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%5%10%6%23%
Debt ratio Debt ratio =
Debt /
Total assets
0%1%2%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
60%163%206%144%153%20%

Financials

Balance sheet
 
Assets20212020201920182010
Cash$59,841,550$71,152,902$57,796,915$45,656,732$4,555,830
Receivables, inventories, prepaids$20,685,623$22,653,687$12,766,255$8,798,580$1,428,405
Short-term investments$0$0$6,248$6,248$0
Other current assets$0$0$0$0$0
Total current assets$80,527,173$93,806,589$70,569,418$54,461,560$5,984,235
Long-term investments$0$0$0$0$0
Fixed assets$155,818,404$77,544,417$73,800,241$68,876,833$1,545,052
Other long-term assets$2,947,916$0$823,172$0$88,713
Total long-term assets$158,766,320$77,544,417$74,623,413$68,876,833$1,633,765
Total assets$239,293,493$171,351,006$145,192,831$123,338,393$7,618,000
 
Liabilities20212020201920182010
Payables and accrued expenses$4,443,094$3,990,213$12,661,103$6,130,045$1,742,742
Other current liabilities$11,185$0$12,098$39,440$0
Total current liabilities$4,454,279$3,990,213$12,673,201$6,169,485$1,742,742
Debt$1,557,190$4,034,708$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,045,248$6,053$1,212,645$1,190,774$0
Total long-term liabilities$2,602,438$4,040,761$1,212,645$1,190,774$0
Total liabilities$7,056,717$8,030,974$13,885,846$7,360,259$1,742,742
 
Net assets20212020201920182010
Without donor restrictions$216,975,524$144,481,353$99,453,159$54,822,941$5,811,252
With donor restrictions$15,261,252$18,838,679$31,853,826$61,155,193$64,006
Net assets$232,236,776$163,320,032$131,306,985$115,978,134$5,875,258
 
Revenues and expenses
 
Revenue20212020201920182010
Total contributions$211,940,511$109,394,534$103,619,059$112,476,785$25,790,557
Program service revenue$25,381$354,119$1,596,723$3,802,525$1,417,046
Membership dues$0$0$0$0$0
Investment income$214,382$420,652$816,168$323,084$0
Other revenue$509,355$513,721$185,972$238,029$185,836
Total other revenue$749,118$1,288,492$2,598,863$4,363,638$1,602,882
Total revenue$212,689,629$110,683,026$106,217,922$116,840,423$27,393,439
 
Expenses20212020201920182010
Program services$114,470,265$58,445,612$72,046,732$59,369,508$24,180,693
Management and general$7,890,938$7,227,484$6,152,754$4,415,143$2,718,792
Fundraising$20,480,947$13,582,113$12,756,373$12,004,187$1,965,660
Total expenses$142,842,150$79,255,209$90,955,859$75,788,838$28,865,145
 
Change in net assets20212020201920182010
Surplus (deficit)$69,847,479$31,427,817$15,262,063$41,051,585($1,471,706)
Other changes in net assets$0$0$0$0$0
Total change in net assets$69,847,479$31,427,817$15,262,063$41,051,585($1,471,706)

Compensation

Compensation data for this ministry has not been collected.


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/18/2023. To update the information below, please email: [email protected]


History

Mercy Ships began with the vision that ships might carry medical personnel and relief cargo to help the poor. Don and Deyon Stephens, along with a group of other young people, purchased the former passenger liner Victoria for $1 million in 1978. After four years of refit, the vessel sailed as the newly christened Anastasis, the first Mercy Ship. From the beginning, Don Stephens has served as Founder/CEO of Mercy Ships. Mercy Ships has provided free surgeries, dental care, medical supplies, development training, clothing, construction materials, food and seeds and a message of hope to more than seventy port districts worldwide.


Program accomplishments

More than 1,200 volunteers from over 60 nations serve with Mercy Ships each year. From surgeons and medical staff to the captain, cooks, technicians, teachers, and more, our crew makes up a plethora of skills and specialties needed to make a difference in the countries we serve.

2M+LIVES IMPACTED
Through surgical care, medical training, and infrastructure development, we impact millions.

100,000+ SURGICAL PROCEDURES
With your help, Mercy Ships is working to meet the overwhelming need for safe surgery worldwide.

42,000+ PROFESSIONALS TRAINED
By training local professionals in vital medical procedures, we create a lasting legacy of healing.

1,300+ ANNUAL VOLUNTEERS
Our dedicated volunteers are selfless servants who fuel the lifesaving mission of Mercy Ships.


Needs

By sponsoring a volunteer crewmember today, you will become a valued partner - a Crewmate! As a Crewmate, you are helping make a lasting impact on the people of Africa. By supporting a crewmember, you are a part of bringing even more hope and healing to those in need. Your commitment to support this dedicated volunteer will help transform lives through life-changing surgeries and the continued training of local medical professionals in the countries we serve.