Rockwall Grace Center for Family & Community Development

Analysis

Rockwall Grace Center for Family & Community Development is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in June 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 (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, Rockwall Grace Center for Family & Community Development reported income of $279k and spending of $263k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $279k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockwall Grace Center for Family & Community Development sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include International Center for Food Ontology Operability Data and Sema ($279k), World Institute for Science Religion and Culture Inc ($279k) and Vision Appalachia ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 36% of the total. Other salaries and wages came to $205k. At year end it held assets of $169k against liabilities of $5,281, net assets of $163k. It reported 7 employees.