Grace University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,239,782 | 9,475,957 | −236,175 | 15.7 | 31% |
| 2012 | 10,226,452 | 9,687,497 | 538,955 | 16.1 | 30% |
| 2013 | 9,040,882 | 10,233,402 | −1,192,520 | 14.0 | 31% |
| 2014 | 12,325,038 | 13,417,142 | −1,092,104 | 9.4 | 28% |
| 2015 | 11,380,324 | 13,473,545 | −2,093,221 | 7.4 | 30% |
| 2016 | 11,982,411 | 13,096,517 | −1,114,106 | 6.5 | 32% |
| 2017 | 7,424,125 | 9,035,363 | −1,611,238 | 7.2 | 35% |
| 2018 | 5,583,064 | 7,380,021 | −1,796,957 | 5.9 | 37% |
| 2019 | 180,031 | 180,031 | 0 | 255.5 | 62% |
| 2020 | 47,219 | 237,892 | −190,673 | 163.5 | 0% |
| 2021 | 14,095 | 1,540,983 | −1,526,888 | 13.4 | 0% |
In its most recent public year (2021), this organization spent $1,526,888 more than it brought in. Its reserves stood at about 13.4 months of spending, down from 15.7 in 2011. 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 2021. 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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