Grace University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 197,938 | 220,165 | −22,227 | 2.6 | 33% |
| 2021 | 226,059 | 204,149 | 21,910 | 5.6 | 36% |
| 2022 | 443,647 | 361,754 | 81,893 | 5.9 | 53% |
| 2023 | 365,088 | 312,428 | 52,660 | 8.9 | 55% |
In its most recent public year (2023), this organization brought in $52,660 more than it spent. Its reserves stood at about 8.9 months of spending, up from 2.6 in 2020. Staff pay was 55% 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
Grace University'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