Grace Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 3,159,692 | 506,028 | 2,653,664 | 62.5 | 0% |
| 2016 | 2,773,278 | 2,517,490 | 255,788 | 13.3 | 0% |
| 2017 | 2,667,747 | 2,075,534 | 592,213 | 20.8 | 0% |
| 2018 | 2,469,445 | 2,714,591 | −245,146 | 15.3 | 0% |
| 2019 | 2,227,549 | 3,345,348 | −1,117,799 | 8.3 | 0% |
| 2020 | 2,237,992 | 2,805,330 | −567,338 | 6.4 | 0% |
| 2021 | 2,485,133 | 586,895 | 1,898,238 | 69.2 | 0% |
| 2022 | 1,419,837 | 1,806,732 | −386,895 | 17.6 | 0% |
| 2023 | 1,621,609 | 2,064,608 | −442,999 | 12.9 | 0% |
In its most recent public year (2023), this organization spent $442,999 more than it brought in. Its reserves stood at about 12.9 months of spending, down from 62.5 in 2015. Staff pay was 0% of spending. $2,125,701 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
Grace Foundation'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