Graceway Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 620,626 | 618,578 | 2,048 | -0.3 | 54% |
| 2013 | 481,686 | 498,669 | −16,983 | -0.8 | 64% |
| 2014 | 586,621 | 581,635 | 4,986 | -0.7 | 56% |
| 2015 | 639,754 | 658,071 | −18,317 | 0.4 | 52% |
| 2016 | 704,131 | 808,312 | −104,181 | -1.3 | 40% |
| 2017 | 892,647 | 1,006,464 | −113,817 | -2.4 | 43% |
| 2018 | 995,261 | 938,395 | 56,866 | -1.8 | 49% |
| 2019 | 1,443,973 | 1,172,949 | 271,024 | 2.4 | 58% |
| 2020 | 1,284,567 | 1,197,129 | 87,438 | 8.3 | 10% |
| 2021 | 1,681,249 | 1,627,447 | 53,802 | 7.6 | 53% |
| 2022 | 2,033,766 | 2,149,107 | −115,341 | 5.0 | 55% |
| 2023 | 1,824,406 | 1,979,355 | −154,949 | 5.1 | 61% |
In its most recent public year (2023), this organization spent $154,949 more than it brought in. Its reserves stood at about 5.1 months of spending, up from -0.3 in 2012. Staff pay was 61% 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
Graceway 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