Grace Institute Of New York Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,998,114 | 884,374 | 1,113,740 | 15.1 | 46% |
| 2017 | 4,010,548 | 3,696,368 | 314,180 | 4.6 | 48% |
| 2018 | 2,769,977 | 3,435,506 | −665,529 | 2.7 | 42% |
| 2019 | 3,118,763 | 2,933,967 | 184,796 | 3.9 | 49% |
| 2020 | 2,656,416 | 2,318,338 | 338,078 | 6.7 | 54% |
| 2021 | 3,229,572 | 2,406,418 | 823,154 | 10.5 | 58% |
| 2022 | 3,509,724 | 2,929,037 | 580,687 | 11.0 | 60% |
| 2023 | 3,852,158 | 3,184,140 | 668,018 | 12.7 | 64% |
In its most recent public year (2023), this organization brought in $668,018 more than it spent. Its reserves stood at about 12.7 months of spending, down from 15.1 in 2016. Staff pay was 64% of spending. $928,606 of its net assets are donor-restricted.
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
Grace Institute Of New York Inc'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