Grace Place
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 255,776 | 206,011 | 49,765 | 16.5 | 45% |
| 2021 | 255,136 | 266,438 | −11,302 | 12.3 | 50% |
| 2022 | 290,731 | 328,648 | −37,917 | 8.6 | 54% |
| 2023 | 278,290 | 307,826 | −29,536 | 8.0 | 53% |
In its most recent public year (2023), this organization spent $29,536 more than it brought in. Its reserves stood at about 8 months of spending, down from 16.5 in 2020. Staff pay was 53% 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 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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