Grace Place For Children And Families Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,777,780 | 4,183,592 | 594,188 | 39.0 | 46% |
| 2021 | 5,088,271 | 4,525,263 | 563,008 | 37.7 | 45% |
| 2022 | 6,420,255 | 7,122,014 | −701,759 | 22.9 | 43% |
| 2023 | 7,615,618 | 6,860,938 | 754,680 | 25.6 | 50% |
| 2024 | 6,397,772 | 7,155,201 | −757,429 | 24.0 | 49% |
In its most recent public year (2024), this organization spent $757,429 more than it brought in. Its reserves stood at about 24 months of spending, down from 39 in 2020. Staff pay was 49% of spending. $373,110 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 2024. 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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