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Filing year 2024

Oceans of Mercy

Indianapolis, Indiana·EIN 47-5354034·NTEE X99 · Religion-Related·501(c)(3)
Total revenue
$71k
Total assets
$56k
Total expenses
$61k
Reported officers
5

Executive compensation

Form 990-EZ · Part IV · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

President
Board President
Median to 75th percentile
$33k
$35k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Oceans of Mercy equaled 54% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
54%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 9%
from 2023

From $36k in 2023 to $33k in 2024.

$36k
2023
$33k
2024
In today's dollarsEst.
Down 12% in real terms$40k to $35k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay fell 9% from 2023 to 2024, while revenue rose 8%.

$36k in 2023 to $33k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Oceans of Mercy

What does the Board President of Oceans of Mercy earn?

In 2024, the Board President of Oceans of Mercy received $32,760 in total compensation. This pay is above the median (the midpoint) for Board President roles among Religion-Related organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at Oceans of Mercy compare with similar nonprofits?

Compared with the same role at Religion-Related organizations nationwide, the 2024 pay of the Board President at Oceans of Mercy falls between the median and the 75th percentile. In 2024, the highest total compensation at Oceans of Mercy equaled 54% of the organization's total expenses. The median for religion-related organizations is 18%.

What are Oceans of Mercy's revenue and expenses?

In 2024, Oceans of Mercy reported $71k in total revenue and $61k in total expenses on its IRS Form 990.

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