Grace Lifecare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,994,319 | 7,750,292 | 244,027 | 2.5 | 41% |
| 2012 | 7,801,682 | 7,853,656 | −51,974 | 2.7 | 42% |
| 2013 | 8,076,664 | 8,575,169 | −498,505 | 1.6 | 44% |
| 2014 | 8,175,749 | 8,879,293 | −703,544 | 0.6 | 44% |
| 2015 | 8,996,348 | 8,816,424 | 179,924 | 0.3 | 45% |
| 2016 | 9,620,866 | 8,861,339 | 759,527 | 1.7 | 46% |
| 2017 | 9,243,495 | 9,274,821 | −31,326 | 2.1 | 46% |
| 2018 | 9,795,974 | 9,567,086 | 228,888 | 1.4 | 46% |
| 2019 | 10,405,781 | 10,337,772 | 68,009 | 1.9 | 43% |
| 2020 | 9,847,812 | 9,838,671 | 9,141 | 2.3 | 47% |
| 2021 | 10,776,607 | 10,794,934 | −18,327 | 2.4 | 44% |
| 2022 | 4,983,135 | 6,016,644 | −1,033,509 | 0.2 | 43% |
| 2023 | 10,354,058 | 12,166,314 | −1,812,256 | -1.5 | 44% |
In its most recent public year (2023), this organization spent $1,812,256 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 2.5 in 2011. Staff pay was 44% 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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