Place Of Grace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 108,324 | 34,533 | 73,791 | 42.3 | — |
| 2022 | 154,091 | 19,151 | 134,940 | 160.8 | — |
| 2023 | 109,562 | 53,487 | 56,075 | 70.2 | — |
In its most recent public year (2023), this organization brought in $56,075 more than it spent. Its reserves stood at about 70.2 months of spending, up from 42.3 in 2021.
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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