Embrace Grace Inc

Analysis

Embrace Grace Inc is a registered charity in United States, based in Hurst, TX. 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 (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, Embrace Grace Inc reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.4m (+161%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embrace Grace Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Methodist Home for Children ($3.4m), United Community Centers Inc ($3.4m) and Homewoven ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $200k (6.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.8m against liabilities of $327k, net assets of $4.4m. It reported 35 employees.