Saving Grace Ministries of Rochester Inc

Analysis

Saving Grace Ministries of Rochester Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Saving Grace Ministries of Rochester Inc reported income of $593k and spending of $446k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $593k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 187%. Over the whole period it spent 94% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Saving Grace Ministries of Rochester Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Casa of Bee Live Oak and McMullen Counties Inc ($592k), Right to Life-Lifespan Educational Fund ($594k) and Mustard Seed Project ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $53k (12% of expenses). Other salaries and wages came to $200k. At year end it held assets of $335k against liabilities of $50k, net assets of $285k. It reported 12 employees.