Grace House of Brunswick Inc

Analysis

Grace House of Brunswick Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in December 2010, 16 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, Grace House of Brunswick Inc reported income of $401k and spending of $290k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $401k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace House of Brunswick Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include 1017 Project ($401k), Agape of North Alabama Inc ($401k) and Regional Child Advocacy Center Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $47k (16% of expenses). Other salaries and wages came to $50k. At year end it held assets of $676k against liabilities of $3,520, net assets of $673k. It reported 2 employees.