Table Grace Ministries
Analysis
Table Grace Ministries is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Table Grace Ministries reported income of $448k and spending of $446k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $448k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 87% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Table Grace Ministries sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NE. Charities of a similar size with the same main cause include Fountain Hills Theater Inc ($448k), Naples Historical Society Foundation Inc ($448k) and Carmel Ideas Foundation ($448k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $108k (24% of expenses). Other salaries and wages came to $140k. At year end it held assets of $528k against liabilities of $36k, net assets of $492k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 41%
- Other 4.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fountain Hills Theater Inc | Fountain HLS | $448k |
| Naples Historical Society Foundation Inc | Naples | $448k |
| Carmel Ideas Foundation | Pebble Beach | $448k |
| Rebel Band Booster Club Inc | Duncan | $448k |