Grace Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | −1,093 | 22,252 | −23,345 | 244.8 | 0% |
| 2013 | −21,049 | 19,396 | −40,445 | 258.8 | 0% |
| 2014 | 42,228 | 56,048 | −13,820 | 86.6 | 0% |
| 2015 | 16,200 | 8,317 | 7,883 | 659.2 | — |
| 2016 | 12,000 | 38,266 | −26,266 | 121.7 | — |
| 2017 | 16,100 | 28,363 | −12,263 | 159.0 | — |
| 2018 | 11,700 | 32,160 | −20,460 | 129.3 | — |
| 2019 | 13,887 | 13,137 | 750 | 316.8 | — |
| 2020 | 18,155 | 50,371 | −32,216 | 74.9 | — |
| 2021 | 30,150 | 53,592 | −23,442 | 65.1 | — |
| 2022 | 31,464 | 65,401 | −33,937 | 47.1 | — |
| 2023 | 17,025 | 61,654 | −44,629 | 41.3 | — |
In its most recent public year (2023), this organization spent $44,629 more than it brought in. Its reserves stood at about 41.3 months of spending, down from 244.8 in 2012.
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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