Gateway Of Grace
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 133,222 | 74,345 | 58,877 | 10.2 | — |
| 2016 | 285,115 | 256,144 | 28,971 | 0.0 | 53% |
| 2017 | 312,687 | 289,657 | 23,030 | 4.6 | 52% |
| 2018 | 355,653 | 412,527 | −56,874 | 1.3 | 53% |
| 2019 | 524,948 | 472,175 | 52,773 | 3.7 | 46% |
| 2021 | 695,803 | 439,122 | 256,681 | 13.6 | 56% |
| 2022 | 546,673 | 571,638 | −24,965 | 10.0 | 49% |
| 2023 | 455,143 | 603,927 | −148,784 | 6.8 | 55% |
In its most recent public year (2023), this organization spent $148,784 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 10.2 in 2015. Staff pay was 55% of spending. $1,780 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
Gateway Of Grace's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works