Hands of Grace and Mercy

Analysis

Hands of Grace and Mercy is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in July 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, Hands of Grace and Mercy reported income of $535k and spending of $498k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $465k to $535k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands of Grace and Mercy sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Catherine Booth Residence Inc ($535k), Community Family Services ($535k) and Minnesota African Womens Association ($534k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $28k against liabilities of $0, net assets of $28k. It reported 2 employees.