Grace Bible Mission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 215,585 | 308,342 | −92,757 | 5.2 | 4% |
| 2021 | 305,987 | 222,162 | 83,825 | 13.3 | 5% |
| 2022 | 235,733 | 320,497 | −84,764 | 9.4 | 4% |
| 2023 | 169,317 | 303,874 | −134,557 | 6.8 | 2% |
In its most recent public year (2023), this organization spent $134,557 more than it brought in. Its reserves stood at about 6.8 months of spending, up from 5.2 in 2020. Staff pay was 2% 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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