Grace Missions
Analysis
Grace Missions is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in September 2013, 13 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, Grace Missions reported income of $187k and spending of $175k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $187k (+5.8%), an average of +5.8% a year. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Missions sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Asia Frontier Outreach - USA Inc ($187k), Victims Inc ($187k) and Hospitality Helping Hands ($187k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Other 62%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Asia Frontier Outreach - USA Inc | Oshkosh | $187k |
| Victims Inc | Rochester | $187k |
| Hospitality Helping Hands | West Palm BCH | $187k |
| Joy of Giving Inc | Marco Island | $187k |