Children Of Grace
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 562,553 | 551,717 | 10,836 | 22.3 | 14% |
| 2021 | 679,022 | 591,209 | 87,813 | 23.8 | 17% |
| 2022 | 665,434 | 742,228 | −76,794 | 17.3 | 26% |
| 2023 | 819,626 | 816,833 | 2,793 | 10.4 | 14% |
In its most recent public year (2023), this organization brought in $2,793 more than it spent. Its reserves stood at about 10.4 months of spending, down from 22.3 in 2020. Staff pay was 14% 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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