His Grace Foundation

Analysis

His Grace Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2006, 20 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, His Grace Foundation reported income of $759k and spending of $799k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $759k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, His Grace Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Allies Against Slavery ($759k), Outer Banks Relief Foundation Inc ($759k) and In His Wings Ministry ($759k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $118k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 3 employees.