Grace & Mercy Ministries

Analysis

Grace & Mercy Ministries is a registered charity in United States, based in Athens, TN. It received its IRS tax-exemption ruling in January 2011, 15 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 & Mercy Ministries reported income of $85k and spending of $83k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $85k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 159% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace & Mercy Ministries sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Thompson Children Learning Center Inc ($85k), Le Sueur Food Shelf Inc ($85k) and Rotary Club of Monroe Foundation ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.