Grace & Peace Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 94,254 | 84,416 | 9,838 | 5.8 | — |
| 2020 | 110,973 | 56,679 | 54,294 | 20.2 | — |
| 2021 | 103,077 | 76,494 | 26,583 | 19.1 | — |
| 2022 | 123,710 | 98,690 | 25,020 | 17.8 | — |
| 2023 | 119,343 | 96,361 | 22,982 | 21.1 | — |
In its most recent public year (2023), this organization brought in $22,982 more than it spent. Its reserves stood at about 21.1 months of spending, up from 5.8 in 2019.
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 & Peace Ministries Inc'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