Gods Grace Church Inc

Analysis

Gods Grace Church Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in January 1982, 44 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gods Grace Church Inc reported income of $103k and spending of $87k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $103k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gods Grace Church Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Jesup Senior Citizen Housing Inc ($103k), Associated Talmud Torahs of Chicago Endowment Foundation ($103k) and Maha Lakshmi Mandir ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.