Grace Community Center

Analysis

Grace Community Center is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grace Community Center reported income of $128k and spending of $95k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $128k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Community Center 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 43rd percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Center Housing II Inc ($128k), Fairfax Fish Inc ($128k) and Quiver Ranch ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $358k against liabilities of $0, net assets of $358k.