Mercy Ships

The information on this page was last updated 7/22/2022. 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: Ruben Martin

Board size: 18

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 rating1027 of 103284 of 85
Fund acquisition rating981 of 103482 of 85
Resource allocation rating956 of 103482 of 85
Asset utilization rating977 of 103280 of 85

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%19%15%14%13%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%18%15%13%12%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%95%94%95%96%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%22%20%18%17%17%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%5%6%5%4%3%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%68%71%75%75%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%79%71%71%74%73%
Program output ratio Program output ratio =
Program services /
Total revenue
78%54%50%54%56%55%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%21%29%29%26%27%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
14%8%15%15%14%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%10%9%7%8%8%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.490.300.340.350.390.38
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.222.773.322.652.301.86
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.130.831.140.940.890.70
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.599.869.399.4312.2517.61
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.100.110.110.080.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.5913.069.3911.4412.3316.16
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%4%4%5%5%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
54%321%280%270%246%253%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$92,962,599$69,384,924$47,331,969$32,016,599$56,154,857
Receivables, inventories, prepaids$17,172,400$12,588,055$41,772,873$48,325,933$29,608,348
Short-term investments$5,213,605$5,123,359$5,014,378$12,308,955$12,180,443
Other current assets$0$0$0$0$189,596
Total current assets$115,348,604$87,096,338$94,119,220$92,651,487$98,133,244
Long-term investments$76,614,087$59,350,987$52,436,452$30,637,369$0
Fixed assets$108,739,118$107,381,672$103,288,589$89,809,161$84,747,667
Other long-term assets$18,562,098$35,640,361$0$204,431$0
Total long-term assets$203,915,303$202,373,020$155,725,041$120,650,961$84,747,667
Total assets$319,263,907$289,469,358$249,844,261$213,302,448$182,880,911
 
Liabilities20202019201820172016
Payables and accrued expenses$10,544,844$8,064,380$8,792,847$6,391,666$4,530,423
Other current liabilities$1,150,408$1,212,645$1,190,774$1,174,014$1,043,583
Total current liabilities$11,695,252$9,277,025$9,983,621$7,565,680$5,574,006
Debt$0$0$0$542,012$1,832,373
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$2,125,543$2,200,896$1,932,377$1,622,728$1,510,548
Total long-term liabilities$2,125,543$2,200,896$1,932,377$2,164,740$3,342,921
Total liabilities$13,820,795$11,477,921$11,915,998$9,730,420$8,916,927
 
Net assets20202019201820172016
Without donor restrictions$192,519,678$152,893,244$133,450,470$111,554,852$99,610,243
With donor restrictions$112,923,434$125,098,193$104,477,793$92,017,176$74,353,741
Net assets$305,443,112$277,991,437$237,928,263$203,572,028$173,963,984
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$113,743,930$132,494,279$117,470,243$107,332,404$91,101,805
Program service revenue$4,046,170$6,396,207$5,727,286$1,727,438$2,113,681
Membership dues$0$0$0$0$0
Investment income$1,902,264($228,110)($1,337,992)$886,444($1,156,509)
Other revenue$354,119$1,596,723$1,725,001$1,789,286$1,807,784
Total other revenue$6,302,553$7,764,820$6,114,295$4,403,168$2,764,956
Total revenue$120,046,483$140,259,099$123,584,538$111,735,572$93,866,761
 
Expenses20202019201820172016
Program services$64,396,551$70,392,262$66,264,371$62,227,252$51,804,877
Management and general$9,671,469$8,673,004$6,045,513$6,760,813$5,298,657
Fundraising$21,158,118$20,376,612$15,946,825$13,831,041$11,641,655
Total expenses$95,226,138$99,441,878$88,256,709$82,819,106$68,745,189
 
Change in net assets20202019201820172016
Surplus (deficit)$24,820,345$40,817,221$35,327,829$28,916,466$25,121,572
Other changes in net assets$2,631,330($754,047)($971,594)$691,578$1,528,472
Total change in net assets$27,451,675$40,063,174$34,356,235$29,608,044$26,650,044

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 7/22/2022. 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.