Penitents Grace Inc

Analysis

Penitents Grace Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Penitents Grace Inc reported income of $115k and spending of $157k, spending 136% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $568k to $115k (-80%), an average of -33% a year. The sharpest change came in the year to December 2022, when income rose by 10658%. Over the whole period it spent 111% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Penitents Grace Inc 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 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($115k), Birthright Geauga Inc ($115k) and South Carolinians for Alternatives to the Death Penalty ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.