Grace Community Service Inc
Analysis
Grace Community Service Inc is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Community Service Inc reported income of $221k and spending of $226k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $221k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Community Service Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Interfaith Caregivers - Faith in Action in Faribault County ($221k), TLC Charities Foundation Inc ($221k) and Community Growth Enterprises Inc ($221k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $49k. At year end it held assets of $319k against liabilities of $71k, net assets of $248k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Interfaith Caregivers - Faith in Action in Faribault County | Blue Earth | $221k |
| TLC Charities Foundation Inc | Olathe | $221k |
| Community Growth Enterprises Inc | Barnesville | $221k |
| Christian Cupboard Inc | Seguin | $221k |