Street Grace

Analysis

Street Grace is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Street Grace reported income of $2.3m and spending of $1.9m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.3m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Street Grace sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Raise the Barr ($2.3m), Blue Ridge Area Coalition for the Homeless ($2.3m) and Movimiento Para El Alcance de Vida Independiente ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $194k (10.0% of expenses). Other salaries and wages came to $939k. At year end it held assets of $1.8m against liabilities of $86k, net assets of $1.7m. It reported 24 employees.