Grace Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 238,796 | 238,179 | 617 | 40.0 | 32% |
| 2021 | 403,362 | 351,868 | 51,494 | 29.5 | 36% |
| 2022 | 549,876 | 443,189 | 106,687 | 22.6 | 30% |
| 2023 | 559,953 | 532,326 | 27,627 | 20.3 | 28% |
In its most recent public year (2023), this organization brought in $27,627 more than it spent. Its reserves stood at about 20.3 months of spending, down from 40 in 2020. Staff pay was 28% 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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