Kingdom Of Grace Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 317,872 | 290,640 | 27,232 | 12.9 | 19% |
| 2021 | 196,833 | 233,801 | −36,968 | 14.1 | — |
| 2022 | 186,760 | 220,257 | −33,497 | 13.2 | — |
| 2023 | 206,961 | 191,003 | 15,958 | 16.2 | 49% |
In its most recent public year (2023), this organization brought in $15,958 more than it spent. Its reserves stood at about 16.2 months of spending, up from 12.9 in 2020. Staff pay was 49% 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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