Grace Biblical Counseling Ministry

Analysis

Grace Biblical Counseling Ministry is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Grace Biblical Counseling Ministry reported income of $82k and spending of $68k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $84k to $82k (-2.6%), an average of -1.3% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Biblical Counseling Ministry sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Korean American Community Coalition ($82k), Machon Hahalacha Community Kollel Inc ($82k) and Child Evangelism Fellowship of Columbia-Montour Counties Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.