Grace And Peace Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,731 | 23,034 | −303 | -0.1 | 23% |
| 2012 | 24,005 | 22,899 | 1,106 | 0.5 | 17% |
| 2013 | 21,830 | 22,603 | −773 | 0.1 | 61% |
| 2014 | 16,460 | 16,457 | 3 | 0.1 | 58% |
| 2021 | 50,100 | 56,611 | −6,511 | 0.6 | — |
| 2022 | 70,699 | 67,903 | 2,796 | 1.0 | — |
| 2023 | 48,813 | 51,407 | −2,594 | 0.7 | — |
In its most recent public year (2023), this organization spent $2,594 more than it brought in. Its reserves stood at about 0.7 months 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
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