Grad Resources

Analysis

Grad Resources is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Grad Resources reported income of $102k and spending of $83k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $102k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grad Resources sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Tabernacle of Divine Glory Ministry ($102k), Luke10 Ministries ($102k) and Sscyc Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (87% of expenses). At year end it held assets of $72k against liabilities of $486, net assets of $72k. It reported 1 employees.