Loving Grace Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,018,569 | 1,064,447 | −45,878 | 7.3 | 27% |
| 2012 | 1,014,719 | 1,014,935 | −216 | 7.7 | 28% |
| 2013 | 976,659 | 1,005,817 | −29,158 | 7.4 | 28% |
| 2014 | 927,450 | 969,148 | −41,698 | 7.2 | 31% |
| 2015 | 944,467 | 974,621 | −30,154 | 6.8 | 31% |
| 2016 | 985,175 | 973,207 | 11,968 | 6.9 | 28% |
| 2017 | 1,050,662 | 1,080,302 | −29,640 | 5.9 | 26% |
| 2018 | 1,010,922 | 1,039,110 | −28,188 | 5.8 | 24% |
| 2019 | 972,626 | 1,021,167 | −48,541 | 5.4 | 24% |
| 2020 | 961,401 | 972,684 | −11,283 | 5.5 | 26% |
| 2021 | 1,001,466 | 977,274 | 24,192 | 5.8 | 26% |
| 2022 | 921,166 | 1,000,127 | −78,961 | 4.7 | 25% |
| 2023 | 1,234,073 | 967,363 | 266,710 | 8.1 | 24% |
In its most recent public year (2023), this organization brought in $266,710 more than it spent. Its reserves stood at about 8.1 months of spending. Staff pay was 24% 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 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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