Grace Guest House Inc

Analysis

Grace Guest House Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Guest House Inc reported income of $277k and spending of $297k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $277k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Guest House Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Professional Dental Hygiene Express Inc ($277k), Aspen Lung Conference ($277k) and Community Caring Clinic Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $156k. At year end it held assets of $595k against liabilities of $472k, net assets of $122k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.