Grace Place School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 180,425 | 114,874 | 65,551 | 4.1 | — |
| 2021 | 188,484 | 147,194 | 41,290 | 6.6 | — |
| 2022 | 252,929 | 251,414 | 1,515 | 3.9 | 76% |
| 2023 | 302,298 | 288,033 | 14,265 | 3.7 | 79% |
In its most recent public year (2023), this organization brought in $14,265 more than it spent. Its reserves stood at about 3.7 months of spending. Staff pay was 79% of spending. $31,762 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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