Grace Ministries International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 602,198 | 625,389 | −23,191 | 8.6 | 56% |
| 2011 | 613,488 | 582,829 | 30,659 | 9.9 | 58% |
| 2012 | 488,737 | 438,016 | 50,721 | 14.5 | 56% |
| 2013 | 539,415 | 613,440 | −74,025 | 8.9 | 55% |
| 2014 | 603,080 | 636,362 | −33,282 | 8.1 | 68% |
| 2015 | 678,845 | 632,295 | 46,550 | 9.1 | 62% |
| 2016 | 752,345 | 671,754 | 80,591 | 9.0 | 70% |
| 2017 | 847,238 | 794,851 | 52,387 | 8.5 | 58% |
| 2018 | 783,074 | 801,844 | −18,770 | 8.1 | 58% |
| 2019 | 710,875 | 823,387 | −112,512 | 6.4 | 54% |
| 2020 | 743,718 | 741,297 | 2,421 | 7.1 | 56% |
| 2021 | 727,033 | 717,262 | 9,771 | 7.6 | 54% |
| 2022 | 1,094,509 | 764,780 | 329,729 | 12.3 | 43% |
| 2023 | 472,592 | 736,900 | −264,308 | 8.7 | 53% |
In its most recent public year (2023), this organization spent $264,308 more than it brought in. Its reserves stood at about 8.7 months of spending. Staff pay was 53% of spending. $148,020 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
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