Grace Place Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 139,498 | 78,524 | 60,974 | 9.3 | — |
| 2019 | 198,958 | 258,083 | −59,125 | 0.2 | — |
| 2020 | 318,387 | 233,124 | 85,263 | 4.6 | 16% |
| 2021 | 360,192 | 321,305 | 38,887 | 4.8 | 26% |
In its most recent public year (2021), this organization brought in $38,887 more than it spent. Its reserves stood at about 4.8 months of spending, down from 9.3 in 2018. Staff pay was 26% 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 2021. 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 Place Ministries's IRS filings as a feed — one entry per filing year, through 2021. 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