Cornerstone Of Grace
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 95,068 | 34,580 | 60,488 | 21.0 | — |
| 2021 | 186,944 | 139,766 | 47,178 | 9.2 | — |
| 2022 | 220,734 | 176,108 | 44,626 | 10.4 | 44% |
| 2023 | 329,196 | 341,622 | −12,426 | 4.9 | 30% |
In its most recent public year (2023), this organization spent $12,426 more than it brought in. Its reserves stood at about 4.9 months of spending, down from 21 in 2020. Staff pay was 30% 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
Cornerstone Of Grace'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