Grace and Mercy Charitable Foundation

Analysis

Grace and Mercy Charitable Foundation is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in August 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 and Mercy Charitable Foundation reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $508k to $2.1m (+312%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace and Mercy Charitable Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Brannan Center ($2.1m), Residential Alternatives Inc ($2.1m) and Sunshine House Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $66k (3.1% of expenses). Other salaries and wages came to $154k. At year end it held assets of $273k against liabilities of $260k, net assets of $13k. It reported 17 employees.