Work Of His Grace Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,235 | 40,386 | 1,849 | 1.3 | — |
| 2012 | 34,730 | 36,019 | −1,289 | 1.0 | — |
| 2013 | 45,523 | 41,648 | 3,875 | 2.0 | — |
| 2014 | 32,745 | 37,433 | −4,688 | 0.7 | — |
| 2015 | 41,390 | 40,197 | 1,193 | 1.0 | — |
| 2016 | 45,677 | 45,877 | −200 | 0.9 | — |
| 2017 | 51,627 | 49,113 | 2,514 | 1.4 | — |
| 2018 | 45,031 | 45,990 | −959 | 1.3 | — |
| 2019 | 47,915 | 50,413 | −2,498 | 0.6 | — |
| 2020 | 40,400 | 38,793 | 1,607 | 1.2 | — |
| 2021 | 55,585 | 39,992 | 15,593 | 5.9 | — |
In its most recent public year (2021), this organization brought in $15,593 more than it spent. Its reserves stood at about 5.9 months of spending, up from 1.3 in 2011.
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 2021. 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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