Grace of Giving

Analysis

Grace of Giving is a registered charity in United States, based in Clifton, TX. It received its IRS tax-exemption ruling in May 2004, 22 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 of Giving reported income of $131k and spending of $119k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $131k (+7.3%), an average of +7.3% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace of Giving sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Foundations for Recovery Corporation ($131k), Good Friends of Wilmington ($132k) and Kriquettes Kidz ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $7,480, net assets of $65k.