Graceful Acres
Analysis
Graceful Acres is a registered charity in United States, based in Halifax, PA. It received its IRS tax-exemption ruling in April 2014, 12 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, Graceful Acres reported income of $169k and spending of $151k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $169k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Graceful Acres sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Girls on the Run Piedmont ($169k), Aces Coalition of WV Inc ($169k) and Beta Home Inc ($169k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $476k against liabilities of $275k, net assets of $201k.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 80%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Girls on the Run Piedmont | Warrenton | $169k |
| Aces Coalition of WV Inc | Charleston | $169k |
| Beta Home Inc | Knoxville | $169k |
| Koochiching Aging Options | Intl Falls | $169k |