Grace Rock Ministries

Analysis

Grace Rock Ministries is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace Rock Ministries reported income of $136k and spending of $125k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $136k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Rock Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Brimfield Study Center Inc ($136k), New Life House of Faith Inc ($136k) and Gods Congregation Worship Center ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $215k against liabilities of $1,476, net assets of $213k.