Simply Graced

Analysis

Simply Graced is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Simply Graced reported income of $1.1m and spending of $929k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $839k to $1.1m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Simply Graced sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Progressive Eldercare Services Inc ($1.1m), Jamestown Regional Medical Center Foundation Inc ($1.1m) and Asrt Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Other salaries and wages came to $366k. At year end it held assets of $567k against liabilities of $304k, net assets of $263k. It reported 14 employees.