Grace Church of Bull Shoals
Analysis
Grace Church of Bull Shoals is a registered charity in United States, based in Bull Shoals, AR. It received its IRS tax-exemption ruling in January 2007, 19 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 Church of Bull Shoals reported income of $127k and spending of $100k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $127k (+11%), an average of +11% a year. Over the whole period it spent 88% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Grace Church of Bull Shoals sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include Freedom House Ministries Inc ($127k), Jubilee Christian Fellowship Ministries Inc ($127k) and Beautiful Feet Inc ($127k).
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 $108k against liabilities of $0, net assets of $108k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Freedom House Ministries Inc | Carol Stream | $127k |
| Jubilee Christian Fellowship Ministries Inc | Stone MTN | $127k |
| Beautiful Feet Inc | Auburn | $127k |
| Sea of Hope Ministries | Northlake | $127k |