Words of Grace & Truth

Analysis

Words of Grace & Truth is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Words of Grace & Truth reported income of $126k and spending of $144k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $126k (+6.5%), an average of +6.5% a year. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Words of Grace & Truth sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Comfort and Encouragement Ministries Inc ($126k), Camp of the Woods Ministries Inc ($126k) and Cumberland Mennonite Fellowship Center ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $13k against liabilities of $167k, net assets of -$154k.