Miracles Of Grace Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 392,380 | 225,414 | 166,966 | 554.5 | 0% |
| 2012 | 319,995 | 385,608 | −65,613 | 322.1 | 0% |
| 2013 | 396,434 | 194,135 | 202,299 | 651.1 | 21% |
| 2014 | 474,981 | 379,591 | 95,390 | 336.0 | 11% |
| 2015 | 473,607 | 430,804 | 42,803 | 297.2 | 10% |
| 2016 | 543,778 | 511,525 | 32,253 | 251.1 | 8% |
| 2017 | 302,370 | 7,138,134 | −6,835,764 | 6.5 | 1% |
| 2018 | 106,084 | 149,549 | −43,465 | 306.8 | 28% |
| 2019 | 161,266 | 137,338 | 23,928 | 336.2 | 30% |
| 2020 | 200,445 | 140,279 | 60,166 | 334.3 | 29% |
| 2021 | 174,319 | 164,795 | 9,524 | 285.3 | 28% |
| 2022 | 200,170 | 167,955 | 32,215 | 282.2 | 30% |
| 2023 | 145,520 | 137,683 | 7,837 | 344.9 | 36% |
In its most recent public year (2023), this organization brought in $7,837 more than it spent. Its reserves stood at about 344.9 months of spending, down from 554.5 in 2011. Staff pay was 36% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works