Grace Adventures Ministries

Analysis

Grace Adventures Ministries is a registered charity in United States, based in Mears, MI. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Grace Adventures Ministries reported income of $25.0m and spending of $5.8m, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $25.0m (+565%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 272%. Over the whole period it spent 42% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grace Adventures Ministries sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Leroy Springs & Company Inc ($24.7m), Ohio High School Athletic Association ($25.2m) and Bogus Basin Recreational Association Inc ($24.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $114k (2.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $39.1m against liabilities of $5.6m, net assets of $33.6m. It reported 213 employees.