Gracewood Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,745,582 | 831,636 | 913,946 | 22.0 | 44% |
| 2012 | 1,173,190 | 987,304 | 185,886 | 17.2 | 42% |
| 2013 | 1,912,319 | 1,162,358 | 749,961 | 15.9 | 41% |
| 2014 | 1,163,995 | 1,144,376 | 19,619 | 16.3 | 44% |
| 2015 | 1,689,694 | 1,218,762 | 470,932 | 20.0 | 40% |
| 2016 | 3,831,266 | 1,415,830 | 2,415,436 | 37.7 | 29% |
| 2017 | 1,167,444 | 956,584 | 210,860 | 58.6 | 43% |
| 2018 | 2,814,259 | 869,664 | 1,944,595 | 91.3 | 48% |
| 2019 | 1,005,818 | 3,370,496 | −2,364,678 | 15.1 | 14% |
| 2020 | 1,509,119 | 1,129,148 | 379,971 | 49.3 | 55% |
| 2021 | 1,338,315 | 1,252,494 | 85,821 | 45.3 | 47% |
| 2022 | 2,356,840 | 1,285,082 | 1,071,758 | 54.1 | 47% |
| 2023 | 2,855,496 | 5,698,887 | −2,843,391 | 6.2 | 10% |
In its most recent public year (2023), this organization spent $2,843,391 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 22 in 2011. Staff pay was 10% of spending. $373,551 of its net assets are donor-restricted.
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
Gracewood Inc'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