Grace International Churches And Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 673,686 | 780,876 | −107,190 | 3.8 | 22% |
| 2021 | 878,818 | 823,546 | 55,272 | 4.4 | 25% |
| 2022 | 745,677 | 686,609 | 59,068 | 6.3 | 33% |
In its most recent public year (2022), this organization brought in $59,068 more than it spent. Its reserves stood at about 6.3 months of spending, up from 3.8 in 2020. Staff pay was 33% 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 2022. 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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