Gifts of Grace Adoption Support Center Inc

Analysis

Gifts of Grace Adoption Support Center Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in August 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gifts of Grace Adoption Support Center Inc reported income of $212k and spending of $259k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $212k (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gifts of Grace Adoption Support Center Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include John B Deaver Auxiliary of Lankenau Hospital ($212k), Overwatch Collective Corporation ($212k) and Perry Port & Salem Ambulance Service Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 65% of the total. Other salaries and wages came to $148k. At year end it held assets of $119k against liabilities of $0, net assets of $119k. It reported 7 employees.