Grace Adventures Inc
Analysis
Grace Adventures Inc is a registered charity in United States, based in Mandeville, LA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Adventures Inc reported income of $197k and spending of $192k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $197k (+0.2%), an average of +0.0% a year. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Grace Adventures Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within LA. Charities of a similar size with the same main cause include Centro Evangelistico Latinoamericano Inc ($197k), Evangelical Center for Spiritual Wisdom ($197k) and Living Stones Ministries ($197k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $111k (58% of expenses). At year end it held assets of $349k against liabilities of $4,673, net assets of $345k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Centro Evangelistico Latinoamericano Inc | Hialeah | $197k |
| Evangelical Center for Spiritual Wisdom | Plano | $197k |
| Living Stones Ministries | Glendora | $197k |
| Christian Church Santuary of Salvation | Bell | $197k |