Grace & Hope For Children
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 247,495 | 239,778 | 7,717 | 3.3 | 0% |
| 2013 | 278,766 | 281,247 | −2,481 | 2.7 | 0% |
| 2014 | 302,945 | 291,566 | 11,379 | 3.1 | 0% |
| 2015 | 303,118 | 304,601 | −1,483 | 2.9 | 0% |
| 2016 | 284,891 | 269,105 | 15,786 | 4.0 | 0% |
| 2017 | 296,309 | 256,142 | 40,167 | 6.1 | 0% |
| 2018 | 320,252 | 316,231 | 4,021 | 5.1 | 0% |
| 2019 | 382,387 | 334,267 | 48,120 | 6.5 | 0% |
| 2020 | 243,616 | 247,063 | −3,447 | 8.7 | 0% |
| 2021 | 269,282 | 221,232 | 48,050 | 12.3 | 0% |
| 2022 | 59,342 | 85,069 | −25,727 | 28.4 | 0% |
| 2023 | 30,724 | 53,083 | −22,359 | 40.4 | 0% |
| 2024 | 55,363 | 109,389 | −54,026 | 13.7 | 0% |
In its most recent public year (2024), this organization spent $54,026 more than it brought in. Its reserves stood at about 13.7 months of spending, up from 3.3 in 2012. Staff pay was 0% of spending. $93,497 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 2024. 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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