Love and Grace Ministries - Haiti

Analysis

Love and Grace Ministries - Haiti is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in March 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, Love and Grace Ministries - Haiti reported income of $146k and spending of $145k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $146k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love and Grace Ministries - Haiti sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Enlighten Communications Inc ($146k), Paye Inc ($146k) and Tesias Tiny Tots Daycare Center Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.