Acts of Grace
Analysis
Acts of Grace is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 2015, 11 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, Acts of Grace reported income of $108k and spending of $101k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $108k (+7.4%), an average of +7.4% a year. Over the whole period it spent 86% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Acts of Grace sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Reverb Network Inc ($108k), St Thomas Aquinas Society ($108k) and Church Without Walls ($108k).
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 $105k against liabilities of $0, net assets of $105k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reverb Network Inc | Lexington | $108k |
| St Thomas Aquinas Society | Colorado SPGS | $108k |
| Church Without Walls | Bakersfield | $108k |
| Romine Ministries | Vancouver | $108k |