Shores Of Grace Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 112,366 | 71,799 | 40,567 | 6.8 | 18% |
| 2011 | 176,260 | 166,209 | 10,051 | 4.6 | 0% |
| 2012 | 179,916 | 191,635 | −11,719 | 3.3 | 0% |
| 2013 | 492,162 | 475,969 | 16,193 | 1.8 | 4% |
| 2014 | 571,849 | 573,426 | −1,577 | 1.5 | 9% |
| 2015 | 636,913 | 456,055 | 180,858 | 6.5 | 2% |
| 2016 | 529,919 | 682,788 | −152,869 | 1.7 | 3% |
| 2017 | 774,941 | 684,096 | 90,845 | 3.7 | 18% |
| 2018 | 766,714 | 768,578 | −1,864 | 3.2 | 13% |
| 2019 | 621,451 | 737,385 | −115,934 | 1.5 | 14% |
| 2020 | 718,910 | 618,275 | 100,635 | 3.7 | 15% |
| 2021 | 871,738 | 829,637 | 42,101 | 3.4 | 11% |
| 2022 | 678,712 | 778,939 | −100,227 | 2.2 | 13% |
| 2023 | 1,028,808 | 900,872 | 127,936 | 3.5 | 17% |
In its most recent public year (2023), this organization brought in $127,936 more than it spent. Its reserves stood at about 3.5 months of spending, down from 6.8 in 2010. Staff pay was 17% 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
Shores Of Grace Ministries'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