Sufficient Grace

Analysis

Sufficient Grace is a registered charity in United States, based in W Jefferson, OH. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Sufficient Grace reported income of $112k and spending of $124k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $112k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sufficient Grace sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Good Life Community Development ($112k), Community Meal Center ($112k) and Family Promise of Pinellas County ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,000 (4.8% of expenses). At year end it held assets of $45k against liabilities of $0, net assets of $45k.