Saving Grace Outreach

Analysis

Saving Grace Outreach is a registered charity in United States, based in Cattaraugus, NY. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Saving Grace Outreach reported income of $221k and spending of $87k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $221k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saving Grace Outreach sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Villagesokc Inc ($221k), Family Place ($221k) and Iowa Able Foundation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. Other salaries and wages came to $9,656. At year end it held assets of $527k against liabilities of $0, net assets of $527k. It reported 5 employees.