Grace Place Ministries Inc

Analysis

Grace Place Ministries Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Place Ministries Inc reported income of $222k and spending of $212k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $229k to $222k (-3.2%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Place Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within LA. Charities of a similar size with the same main cause include Louisiana Alliance for Patient Safety - Pso Inc ($222k), Rpr-Genesis ($222k) and Carolina Ear Research Institute ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $46k. At year end it held assets of $269k against liabilities of $1,775, net assets of $267k. It reported 3 employees.