Grace Assembly Apostolic Church of Jesus Christ

Analysis

Grace Assembly Apostolic Church of Jesus Christ is a registered charity in United States, based in Hudson, NY. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace Assembly Apostolic Church of Jesus Christ reported income of $103k and spending of $38k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $103k (+39%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Assembly Apostolic Church of Jesus Christ sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Iglesia de Cristo Ministerios Renacer ($103k), Around the Corner Ministries ($103k) and Last Mile Fund ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.