Grace Retreat Foster Care and Adoption Services

Analysis

Grace Retreat Foster Care and Adoption Services is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 2024, 2 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 March 2024, Grace Retreat Foster Care and Adoption Services reported income of $891k and spending of $1.3m, spending 147% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $497k to $891k (+79%), an average of +16% a year. The sharpest change came in the year to March 2021, when income rose by 49%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Retreat Foster Care and Adoption Services sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Project Able ($891k), Adams County Senior Citizens Council ($891k) and Northeast Indiana Christian Action Council Education and C H a ($891k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $45k (3.4% of expenses). Other salaries and wages came to $745k. At year end it held assets of $7,479 against liabilities of $161k, net assets of -$154k. It reported 18 employees.