Grace and Truth Inc Hillery

Analysis

Grace and Truth Inc Hillery is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in April 1948, 78 years ago. 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 and Truth Inc Hillery reported income of $344k and spending of $440k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $362k to $344k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grace and Truth Inc Hillery sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Kids First at Sunset View ($344k), Mental Health Center Housing Inc ($344k) and Drum Major Institute Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $78k (18% of expenses). At year end it held assets of $462k against liabilities of $0, net assets of $462k. It reported 4 employees.