Acts of Grace Ministries

Analysis

Acts of Grace Ministries is a registered charity in United States, based in Bensalem, PA. It received its IRS tax-exemption ruling in April 2017, 9 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, Acts of Grace Ministries reported income of $131k and spending of $114k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $158k to $131k (-17%), an average of -8.9% a year. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acts of Grace Ministries sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Lone Star Santas Charities Inc ($131k), Society of Saint Vincent de Paul St Augustine Conference of Kalamazoo ($131k) and Mara Housing Corporation ($131k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $21k (18% of expenses). At year end it held assets of $618k against liabilities of $263k, net assets of $355k. It reported 1 employees.