Grace Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 367,905 | 383,215 | −15,310 | -0.2 | 57% |
| 2011 | 405,312 | 413,836 | −8,524 | -0.4 | 52% |
| 2012 | 351,998 | 324,053 | 27,945 | 0.5 | 39% |
| 2013 | 373,854 | 325,008 | 48,846 | 2.3 | 64% |
| 2014 | 206,723 | 241,813 | −35,090 | 1.4 | 50% |
| 2015 | 225,180 | 210,688 | 14,492 | 2.4 | 64% |
| 2016 | 223,231 | 241,315 | −18,084 | -0.0 | 73% |
| 2017 | 267,923 | 240,734 | 27,189 | 1.3 | 68% |
| 2018 | 232,415 | 256,792 | −24,377 | 0.1 | 72% |
| 2019 | 292,288 | 280,162 | 12,126 | 0.6 | 65% |
| 2020 | 216,019 | 255,365 | −39,346 | 0.2 | 70% |
| 2021 | 384,382 | 285,579 | 98,803 | 4.3 | 64% |
| 2022 | 363,885 | 351,233 | 12,652 | 4.2 | 65% |
| 2023 | 370,165 | 340,224 | 29,941 | 4.6 | 73% |
In its most recent public year (2023), this organization brought in $29,941 more than it spent. Its reserves stood at about 4.6 months of spending, up from -0.2 in 2010. Staff pay was 73% 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
Grace Ministries 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