Grace Road Ministries International Inc

Analysis

Grace Road Ministries International Inc is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. 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, Grace Road Ministries International Inc reported income of $317k and spending of $361k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $417k to $317k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grace Road Ministries International Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Florida Highway Patrol Auxiliary Foundation Inc ($317k), Redbank Valley Trails Association ($317k) and Django Software Foundation ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.