Grace in Action Collectives
Analysis
Grace in Action Collectives is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 January 2024, Grace in Action Collectives reported income of $336k and spending of $422k, spending 126% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $219k to $336k (+53%), an average of +11% a year. The sharpest change came in the year to January 2022, when income rose by 51%. Over the whole period it spent 102% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Grace in Action Collectives sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Pathways Core Training Inc ($336k), Joshuas Camp Corporation ($336k) and Fostering Youth Independence ($336k).
On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $65k (15% of expenses). Other salaries and wages came to $136k. At year end it held assets of $360k against liabilities of $11k, net assets of $348k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pathways Core Training Inc | Fort Worth | $336k |
| Joshuas Camp Corporation | Altoona | $336k |
| Fostering Youth Independence | Santa Clarita | $336k |
| East-West Cultural and Educationalcenter Inc | Pikesville | $336k |