Grace Landing

Analysis

Grace Landing is a registered charity in United States, based in Jacksonville Beach, FL. It received its IRS tax-exemption ruling in November 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 2024, Grace Landing reported income of $989k and spending of $921k, spending 93% of its income. Across the 3 years on record, from September 2019 to June 2024, income grew from $172k to $989k (+475%), an average of +140% a year. The sharpest change came in the year to September 2022, when income rose by 220%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Landing 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 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include El Concilio Family Services ($989k), United Community Services of Johnson County ($989k) and Dallas Metro Inc ($989k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $355k. At year end it held assets of $239k against liabilities of $7,743, net assets of $232k. It reported 11 employees.