Mother of Divine Grace Inc

Analysis

Mother of Divine Grace Inc is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mother of Divine Grace Inc reported income of $6.0m and spending of $6.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $6.0m (+212%), an average of +33% a year. The sharpest change came in the year to June 2020, when income rose by 154%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mother of Divine Grace Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Emblaze Academy Charter School ($6.0m), Long Beach City College Foundation ($6.0m) and Yuut Elitnaurviat-Peoples Learning Center ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $608k (9.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $4.7m against liabilities of $4.3m, net assets of $391k. It reported 146 employees.