Grace Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,136,482 | 738,046 | 398,436 | 6.5 | 48% |
| 2022 | 1,213,121 | 1,376,937 | −163,816 | 2.0 | 52% |
| 2023 | 6,379,887 | 2,222,266 | 4,157,621 | 23.7 | 53% |
In its most recent public year (2023), this organization brought in $4,157,621 more than it spent. Its reserves stood at about 23.7 months of spending, up from 6.5 in 2021. Staff pay was 53% of spending. $70,007 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
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