Free Grace International

Analysis

Free Grace International is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in June 2009, 17 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, Free Grace International reported income of $198k and spending of $171k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $198k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Free Grace International sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include El Shaddai Ministerio Internacional Inc ($198k), Camp Story Commission ($198k) and Empower House Ministries ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $51k (30% of expenses). Other salaries and wages came to $69k. At year end it held assets of $146k against liabilities of $6,986, net assets of $139k. It reported 3 employees.