Grace Through Faith Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 78,466 | 75,299 | 3,167 | 0.5 | 0% |
| 2016 | 102,678 | 105,287 | −2,609 | 0.1 | 0% |
| 2017 | 162,907 | 146,310 | 16,597 | 1.4 | 0% |
| 2018 | 202,275 | 208,615 | −6,340 | 0.6 | 0% |
| 2019 | 196,497 | 205,338 | −8,841 | 0.1 | 0% |
| 2020 | 155,799 | 153,343 | 2,456 | 0.3 | 0% |
| 2021 | 215,944 | 215,066 | 878 | 0.3 | 0% |
| 2022 | 349,208 | 288,607 | 60,601 | 2.7 | 0% |
In its most recent public year (2022), this organization brought in $60,601 more than it spent. Its reserves stood at about 2.7 months of spending, up from 0.5 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 2022. 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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