House of Grace Ministries Inc

Analysis

House of Grace Ministries Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, House of Grace Ministries Inc reported income of $74k and spending of $72k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $74k (+21%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, House of Grace Ministries Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($74k), Community Health and Safety Services Inc ($74k) and Delaware Support & Services Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. At year end it held assets of $243k against liabilities of $134k, net assets of $109k.