Grace Childrens Foundation

Analysis

Grace Childrens Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Childrens Foundation reported income of $353k and spending of $385k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $353k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Grace Childrens Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include United Volunteers Association Inc ($352k), American Library in Paris USA Foundation ($353k) and Nakashima Foundation for Peace ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $145k (38% of expenses). Other salaries and wages came to $118k. At year end it held assets of $163k against liabilities of $243k, net assets of -$80k. It reported 3 employees.