Grace School Of Theology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,649,833 | 6,533,110 | 116,723 | 1.5 | 32% |
| 2021 | 6,038,036 | 5,929,104 | 108,932 | 1.9 | 44% |
| 2022 | 6,167,472 | 6,097,103 | 70,369 | 2.0 | 38% |
| 2023 | 6,018,542 | 5,964,688 | 53,854 | 2.1 | 42% |
In its most recent public year (2023), this organization brought in $53,854 more than it spent. Its reserves stood at about 2.1 months of spending. Staff pay was 42% 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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