Graceway Recovery Residence Inc

Analysis

Graceway Recovery Residence Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Graceway Recovery Residence Inc reported income of $178k and spending of $176k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $314k to $178k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Graceway Recovery Residence Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Michael P Donatucci Foundation Inc ($178k), Austin Family Institute ($178k) and Ataxia Connection Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 54% of the total. Other salaries and wages came to $65k. At year end it held assets of $325k against liabilities of $600, net assets of $324k. It reported 4 employees.