Word of Grace Mission Inc

Analysis

Word of Grace Mission Inc is a registered charity in United States, based in Taylorville, IL. It received its IRS tax-exemption ruling in January 1992, 34 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, Word of Grace Mission Inc reported income of $156k and spending of $156k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $156k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Word of Grace Mission Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Waukee Northwest Youth Football League Inc ($156k), Metropolitan Area Religious Coalition of Cincinnati ($156k) and Greek Orthodox Metropolis of New Jersey Philoptochos Society ($156k).

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 $26k against liabilities of $0, net assets of $26k.