Grace Dental and Medical Missions Inc

Analysis

Grace Dental and Medical Missions Inc is a registered charity in United States, based in Methuen, MA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover health care, 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 September 2022, Grace Dental and Medical Missions Inc reported income of $492k and spending of $424k, spending 86% of its income. Across the 3 years on record, from September 2019 to September 2022, income fell from $594k to $492k (-17%), an average of -9.0% a year. The sharpest change came in the year to September 2020, when income dropped by 17%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Dental and Medical Missions Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Penquis Mental Health Association ($492k), Care Transitions Inc ($492k) and Maryland Committee on Trauma Inc ($492k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (14% of expenses). Other salaries and wages came to $188k. At year end it held assets of $551k against liabilities of $197k, net assets of $354k.