Grace Mission Inc

Analysis

Grace Mission Inc is a registered charity in United States, based in Henderson, NE. It received its IRS tax-exemption ruling in March 1974, 52 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, Grace Mission Inc reported income of $453k and spending of $506k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $453k (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Mission Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NE. Charities of a similar size with the same main cause include Hopscotch Adoptions Inc ($453k), Jene Wah Inc ($453k) and Community Development Support Servi Ces Foundation ($453k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $115k. At year end it held assets of $623k against liabilities of $38k, net assets of $585k. It reported 4 employees.