Charlie Bing Gracelife Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 209,923 | 237,058 | −27,135 | 5.3 | 36% |
| 2012 | 266,605 | 243,189 | 23,416 | 6.3 | 38% |
| 2013 | 252,784 | 271,142 | −18,358 | 4.8 | 37% |
| 2014 | 307,373 | 304,188 | 3,185 | 4.4 | 35% |
| 2015 | 257,176 | 215,397 | 41,779 | 8.6 | 55% |
| 2016 | 278,121 | 253,858 | 24,263 | 8.4 | 46% |
| 2017 | 274,604 | 262,871 | 11,733 | 8.7 | 49% |
| 2018 | 357,119 | 287,963 | 69,156 | 10.8 | 47% |
| 2019 | 296,099 | 306,243 | −10,144 | 9.7 | 47% |
| 2020 | 266,738 | 231,884 | 34,854 | 14.7 | 64% |
| 2021 | 295,312 | 240,036 | 55,276 | 16.9 | 64% |
| 2022 | 316,805 | 297,093 | 19,712 | 14.5 | 57% |
| 2023 | 360,546 | 357,344 | 3,202 | 12.1 | 52% |
In its most recent public year (2023), this organization brought in $3,202 more than it spent. Its reserves stood at about 12.1 months of spending, up from 5.3 in 2011. Staff pay was 52% 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
Charlie Bing Gracelife Ministries's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works