Grace Bible Mission Society

Analysis

Grace Bible Mission Society is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in June 2022, 4 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, Grace Bible Mission Society reported income of $102k and spending of $93k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $102k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Bible Mission Society sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within KS. Charities of a similar size with the same main cause include Light of Hope Foundation for Indonesia ($102k), Arise Ministries ($102k) and Truth Incorporated ($102k).

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 $186k against liabilities of $0, net assets of $186k.