Common Grace-Love Inc

Analysis

Common Grace-Love Inc is a registered charity in United States, based in Kendallville, IN. It received its IRS tax-exemption ruling in July 1997, 29 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, Common Grace-Love Inc reported income of $172k and spending of $196k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $172k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 77%. 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, Common Grace-Love Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Gurnee Chinese Christian Church ($172k), SD Crescentwood Services ($172k) and Todays Mission ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $54k (27% of expenses). Other salaries and wages came to $85k. At year end it held assets of $1.0m against liabilities of $82, net assets of $1.0m. It reported 5 employees.