Simple Grace Ministries

Analysis

Simple Grace Ministries is a registered charity in United States, based in Martell, NE. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Simple Grace Ministries reported income of $117k and spending of $121k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $117k (+5.7%), an average of +5.7% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Simple Grace Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NE. Charities of a similar size with the same main cause include House of Samuel ($117k), Ministerio Agape ($117k) and Cambridge House Christian Study Center ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.