Graceworks Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 298,614 | 273,552 | 25,062 | 0.0 | 11% |
| 2012 | 298,614 | 281,098 | 17,516 | 1.0 | 82% |
| 2013 | 393,561 | 399,787 | −6,226 | -0.2 | 82% |
| 2014 | 377,235 | 396,362 | −19,127 | -0.6 | 72% |
| 2015 | 315,092 | 319,028 | −3,936 | -1.2 | 59% |
| 2016 | 227,659 | 243,608 | −15,949 | -2.4 | 65% |
| 2017 | 183,437 | 168,992 | 14,445 | -2.4 | — |
| 2018 | 199,023 | 193,300 | 5,723 | -1.8 | — |
| 2019 | 198,854 | 218,823 | −19,969 | -2.6 | — |
| 2020 | 128,653 | 128,168 | 485 | -4.5 | — |
| 2021 | −31,501 | 109,885 | −141,386 | -16.2 | — |
| 2022 | 46,650 | 138,821 | −92,171 | -19.2 | — |
| 2023 | 68,787 | 89,837 | −21,050 | -31.5 | — |
In its most recent public year (2023), this organization spent $21,050 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-31.5 months), down from 0 in 2011.
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
Graceworks 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