Grace Ministries Of Durham North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,073,735 | 16,997 | 1,056,738 | 879.8 | 0% |
| 2012 | 162,859 | 29,048 | 133,811 | 570.1 | 0% |
| 2013 | 85,973 | 27,616 | 58,357 | 625.0 | 0% |
| 2014 | 14,374 | 22,493 | −8,119 | 763.0 | 4% |
| 2015 | 235,662 | 22,828 | 212,834 | 863.7 | 0% |
| 2016 | 125,171 | 29,518 | 95,653 | 706.9 | 0% |
| 2017 | 25,215 | 45,416 | −20,201 | 454.1 | 0% |
| 2018 | 119,728 | 34,349 | 85,379 | 630.1 | 0% |
| 2019 | 83,672 | 47,934 | 35,738 | 460.4 | 0% |
| 2020 | 446,896 | 90,016 | 356,880 | 292.7 | 0% |
| 2021 | 25,598 | 59,775 | −34,177 | 433.3 | 0% |
| 2022 | 63,288 | 103,708 | −40,420 | 242.2 | 5% |
| 2023 | 192,666 | 195,267 | −2,601 | 128.3 | 3% |
In its most recent public year (2023), this organization spent $2,601 more than it brought in. Its reserves stood at about 128.3 months of spending, down from 879.8 in 2011. Staff pay was 3% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Grace Ministries Of Durham North Carolina's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works