Center Of Grace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 469,953 | 465,189 | 4,764 | 0.7 | 48% |
| 2018 | 1,574,511 | 577,589 | 996,922 | 21.3 | 39% |
| 2019 | 3,441,573 | 617,383 | 2,824,190 | 74.8 | 34% |
| 2020 | 3,525,432 | 606,462 | 2,918,970 | 133.9 | 34% |
| 2021 | 1,079,543 | 651,637 | 427,906 | 132.5 | 30% |
| 2022 | 1,505,393 | 1,221,219 | 284,174 | 73.5 | 19% |
| 2023 | 1,373,400 | 1,697,236 | −323,836 | 50.7 | 19% |
In its most recent public year (2023), this organization spent $323,836 more than it brought in. Its reserves stood at about 50.7 months of spending, up from 0.7 in 2017. Staff pay was 19% of spending. $279,668 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
Center Of Grace Inc'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