The Grace Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 26,080 | 291 | 25,789 | 1063.5 | — |
| 2019 | 424,629 | 8,567 | 416,062 | 618.9 | 0% |
| 2020 | 1,660,286 | 89,749 | 1,570,537 | 269.1 | 59% |
| 2021 | 3,732,505 | 253,650 | 3,478,855 | 259.8 | 57% |
| 2022 | 1,675,022 | 396,483 | 1,278,539 | 204.9 | 59% |
| 2023 | 1,797,294 | 1,017,579 | 779,715 | 91.0 | 51% |
In its most recent public year (2023), this organization brought in $779,715 more than it spent. Its reserves stood at about 91 months of spending, down from 1063.5 in 2018. Staff pay was 51% of spending. $249,507 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
The Grace Center'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