Julias Grace Foundation

Analysis

Julias Grace Foundation is a registered charity in United States, based in Royersford, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Julias Grace Foundation reported income of $197k and spending of $137k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $197k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Julias Grace Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Gilbert Chamber of Commerce Foundation Inc ($197k), Charles R Niehaus TR Fbo Salvation Army Fund of Dayton Ohio ($197k) and Garden Neighborhood Charities Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $385k against liabilities of $0, net assets of $385k.