Amazing Grace Outreach Ministries Inc

Analysis

Amazing Grace Outreach Ministries Inc is a registered charity in United States, based in Lehigh Acres, FL. It received its IRS tax-exemption ruling in February 2011, 15 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, Amazing Grace Outreach Ministries Inc reported income of $57k and spending of $58k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $57k (-77%), an average of -77% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Amazing Grace Outreach Ministries Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Oregon Myanmar Christian Church ($57k), Ranjit Nagara ($57k) and Prince of Peace Ministries International Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.