Grace Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,471,465 | 2,813,358 | −341,893 | 127.3 | 48% |
| 2012 | 2,316,440 | 3,317,451 | −1,001,011 | 102.3 | 41% |
| 2013 | 1,928,330 | 3,289,212 | −1,360,882 | 105.3 | 50% |
| 2014 | 2,948,123 | 3,948,935 | −1,000,812 | 91.8 | 49% |
| 2015 | 25,803,207 | 4,640,974 | 21,162,233 | 134.6 | 50% |
| 2016 | 457,659 | 3,083,564 | −2,625,905 | 170.1 | 14% |
| 2017 | 1,389,644 | 4,952,672 | −3,563,028 | 104.8 | 3% |
| 2018 | 2,272,822 | 3,268,582 | −995,760 | 147.2 | 6% |
| 2019 | 1,787,355 | 3,287,959 | −1,500,604 | 152.0 | 6% |
| 2020 | 3,719,692 | 2,973,587 | 746,105 | 186.5 | 6% |
| 2021 | 2,433,111 | 3,179,847 | −746,736 | 184.7 | 6% |
| 2022 | 566,435 | 3,274,911 | −2,708,476 | 156.5 | 6% |
| 2023 | 1,328,173 | 3,117,379 | −1,789,206 | 164.3 | 7% |
In its most recent public year (2023), this organization spent $1,789,206 more than it brought in. Its reserves stood at about 164.3 months of spending, up from 127.3 in 2011. Staff pay was 7% of spending. $61,965 of its net assets are donor-restricted.
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
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