Grace Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 66,260 | 36,549 | 29,711 | 27.2 | — |
| 2017 | 154,050 | 148,044 | 6,006 | 7.9 | — |
| 2018 | 179,173 | 122,738 | 56,435 | 13.9 | 0% |
| 2019 | 117,918 | 79,258 | 38,660 | 14.8 | 0% |
| 2020 | 77,124 | 55,490 | 21,634 | 31.5 | 0% |
| 2021 | 138,445 | 84,958 | 53,487 | 35.3 | 0% |
| 2022 | 352,442 | 364,812 | −12,370 | 5.3 | 0% |
| 2023 | 234,539 | 223,119 | 11,420 | 13.9 | 0% |
In its most recent public year (2023), this organization brought in $11,420 more than it spent. Its reserves stood at about 13.9 months of spending, down from 27.2 in 2016. Staff pay was 0% 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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