Faith and Grace Inc

Analysis

Faith and Grace Inc is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Faith and Grace Inc reported income of $515k and spending of $548k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $809k to $515k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 82%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith and Grace Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include Global Alliance for Rabies Controlinc ($515k), Emergence Benefactors ($515k) and Drug Awareness Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $19k (3.4% of expenses). Other salaries and wages came to $65k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 3 employees.