Spread Of Grace Ministries Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,166 | 14,783 | 5,383 | 4.4 | — |
| 2012 | 86,868 | 72,069 | 14,799 | 3.4 | — |
| 2013 | 121,711 | 105,340 | 16,371 | 4.2 | — |
| 2014 | 108,209 | 116,746 | −8,537 | 2.9 | — |
| 2015 | 107,235 | 107,317 | −82 | 3.1 | — |
| 2016 | 113,072 | 96,369 | 16,703 | 5.6 | — |
| 2017 | 143,266 | 118,641 | 24,625 | 7.0 | 44% |
| 2018 | 136,790 | 136,907 | −117 | 6.1 | 40% |
| 2019 | 246,307 | 174,541 | 71,766 | 9.7 | 58% |
| 2020 | 307,118 | 251,041 | 56,077 | 9.4 | 74% |
| 2021 | 386,022 | 279,751 | 106,271 | 13.0 | 69% |
| 2022 | 446,229 | 376,388 | 69,841 | 11.9 | 50% |
| 2023 | 290,351 | 426,437 | −136,086 | 6.7 | 27% |
In its most recent public year (2023), this organization spent $136,086 more than it brought in. Its reserves stood at about 6.7 months of spending, up from 4.4 in 2011. Staff pay was 27% of spending. $204,791 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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