Irreducible Grace Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 65,550 | 40,333 | 25,217 | 19.5 | — |
| 2016 | 78,534 | 56,422 | 22,112 | 11.0 | — |
| 2017 | 181,718 | 128,130 | 53,588 | 10.1 | — |
| 2018 | 208,767 | 196,842 | 11,925 | 7.3 | 60% |
| 2019 | 122,538 | 195,598 | −73,060 | 2.9 | 69% |
| 2020 | 489,854 | 425,985 | 63,869 | 3.2 | 42% |
| 2021 | 1,101,328 | 395,127 | 706,201 | 24.9 | 56% |
| 2022 | 522,399 | 636,101 | −113,702 | 13.3 | 44% |
| 2023 | 1,116,266 | 882,216 | 234,050 | 12.6 | 44% |
In its most recent public year (2023), this organization brought in $234,050 more than it spent. Its reserves stood at about 12.6 months of spending, down from 19.5 in 2015. Staff pay was 44% of spending. $121,678 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
Irreducible 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