Friends of Grace

Analysis

Friends of Grace is a registered charity in United States, based in Placentia, CA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Friends of Grace reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $923k to $1.1m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Grace sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Birth Choice Incorporated ($1.1m), Wyckoff Heights Dental Services P C ($1.1m) and Nami Westside LA ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (3.5% of expenses). At year end it held assets of $426k against liabilities of $0, net assets of $426k. It reported 1 employees.