Saving Grace Inc

Analysis

Saving Grace Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in June 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 June 2023, Saving Grace Inc reported income of $1.9m and spending of $1.1m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $685k to $1.9m (+175%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saving Grace Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include Greenhouse Family Services ($1.9m), Peer Center Peers Enriching Each Others Recovery ($1.9m) and Muhsen ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $75k (6.8% of expenses). Other salaries and wages came to $434k. At year end it held assets of $5.0m against liabilities of $2.0m, net assets of $3.0m. It reported 22 employees.