Grace City Community Betterment

Analysis

Grace City Community Betterment is a registered charity in United States, based in Grace City, ND. It received its IRS tax-exemption ruling in July 2021, 5 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 June 2023, Grace City Community Betterment reported income of $86k and spending of $78k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $114k to $86k (-24%), an average of -8.9% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grace City Community Betterment sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 24th percentile within ND. Charities of a similar size with the same main cause include Stockport Volunteer Fire Department ($86k), Ptsa Michigan Congress of Parents Teachers and Students ($86k) and Ringgold Band Inc ($86k).

At year end it held assets of $6,250 against liabilities of $3,660, net assets of $2,590.