Sovereign Grace Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 15,505 | 25,438 | −9,933 | 264.3 | 0% |
| 2020 | 44,276 | 45,950 | −1,674 | 147.1 | 0% |
| 2021 | 571,281 | 34,334 | 536,947 | 473.1 | 0% |
In its most recent public year (2021), this organization brought in $536,947 more than it spent. Its reserves stood at about 473.1 months of spending, up from 264.3 in 2019. Staff pay was 0% 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
Sovereign Grace Ministries Inc'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