Friends Of Grace
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 323,775 | 324,194 | −419 | 3.6 | 0% |
| 2012 | 1,089,847 | 920,783 | 169,064 | 3.5 | 0% |
| 2013 | 447,201 | 611,701 | −164,500 | 2.0 | 0% |
| 2014 | 525,933 | 544,804 | −18,871 | 1.8 | 0% |
| 2015 | 759,895 | 598,710 | 161,185 | 4.9 | 0% |
| 2016 | 703,968 | 803,874 | −99,906 | 2.2 | 0% |
| 2017 | 854,622 | 780,693 | 73,929 | 3.3 | 5% |
| 2018 | 945,078 | 878,620 | 66,458 | 3.9 | 4% |
| 2019 | 923,310 | 1,001,165 | −77,855 | 2.5 | 4% |
| 2020 | 766,539 | 700,837 | 65,702 | 4.7 | 5% |
| 2021 | 1,313,563 | 1,093,578 | 219,985 | 5.4 | 3% |
| 2022 | 1,082,922 | 1,243,701 | −160,779 | 3.2 | 3% |
| 2023 | 1,131,949 | 1,037,308 | 94,641 | 4.9 | 3% |
In its most recent public year (2023), this organization brought in $94,641 more than it spent. Its reserves stood at about 4.9 months of spending, up from 3.6 in 2011. Staff pay was 3% 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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