Home Of Grace Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 384,069 | 281,973 | 102,096 | 4.3 | 0% |
| 2016 | 286,274 | 354,371 | −68,097 | 1.2 | 1% |
| 2017 | 233,468 | 243,963 | −10,495 | 1.2 | 1% |
| 2018 | 313,477 | 282,415 | 31,062 | 2.3 | 0% |
| 2019 | 298,097 | 307,281 | −9,184 | 1.8 | 0% |
| 2020 | 249,967 | 184,233 | 65,734 | 7.2 | 0% |
| 2021 | 237,603 | 180,909 | 56,694 | 11.1 | 0% |
| 2022 | 237,013 | 195,304 | 41,709 | 12.9 | 0% |
| 2023 | 229,839 | 269,905 | −40,066 | 7.5 | 0% |
In its most recent public year (2023), this organization spent $40,066 more than it brought in. Its reserves stood at about 7.5 months of spending, up from 4.3 in 2015. Staff pay was 0% 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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