Word Of Grace International Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 815,651 | 228,882 | 586,769 | 31.3 | 27% |
| 2021 | 866,627 | 578,015 | 288,612 | 20.1 | 38% |
| 2022 | 994,019 | 870,564 | 123,455 | 15.1 | 23% |
| 2023 | 847,851 | 994,394 | −146,543 | 11.4 | 19% |
In its most recent public year (2023), this organization spent $146,543 more than it brought in. Its reserves stood at about 11.4 months of spending, down from 31.3 in 2020. Staff pay was 19% of spending. $284,383 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
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