Graces Table

Analysis

Graces Table is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in December 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, Graces Table reported income of $693k and spending of $589k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $693k (+160%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Graces Table 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 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Griffin Center ($693k), Jasper County Council for the Aging ($693k) and Young Parents United Inc ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $112k (19% of expenses). Other salaries and wages came to $288k. At year end it held assets of $563k against liabilities of $620, net assets of $563k. It reported 12 employees.