Grace in Action

Analysis

Grace in Action is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace in Action reported income of $902k and spending of $935k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $902k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace in Action sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Carolina International Preparatory School ($901k), Friendswood Isd Education Foundation Inc ($902k) and Fayette Alliance Foundation Inc ($901k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $486k. At year end it held assets of $636k against liabilities of $1,216, net assets of $635k. It reported 9 employees.