Philadelphia Grace Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 239,365 | 208,896 | 30,469 | 2.7 | 7% |
| 2023 | 335,113 | 336,604 | −1,491 | 1.6 | 7% |
In its most recent public year (2023), this organization spent $1,491 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 2.7 in 2022. Staff pay was 7% of spending. $2,448 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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