Grac-Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 28,651 | 25,735 | 2,916 | 5.8 | — |
| 2011 | 34,627 | 29,906 | 4,721 | 6.9 | — |
| 2012 | 23,134 | 24,831 | −1,697 | 7.5 | — |
| 2013 | 53,504 | 49,392 | 4,112 | 4.8 | — |
| 2014 | 47,925 | 46,647 | 1,278 | 5.4 | — |
| 2015 | 38,318 | 37,852 | 466 | 6.8 | — |
| 2016 | 32,251 | 33,051 | −800 | 7.5 | — |
| 2017 | 27,588 | 24,641 | 2,947 | 11.5 | — |
| 2018 | 25,740 | 29,181 | −3,441 | 8.3 | — |
| 2019 | 40,371 | 27,252 | 13,119 | 14.6 | 0% |
| 2020 | 37,534 | 30,478 | 7,056 | 15.9 | 0% |
| 2022 | 38,416 | 30,991 | 7,425 | 35.9 | — |
| 2023 | 56,585 | 27,002 | 29,583 | 54.4 | — |
In its most recent public year (2023), this organization brought in $29,583 more than it spent. Its reserves stood at about 54.4 months of spending, up from 5.8 in 2010.
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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