Grace to Grow

Analysis

Grace to Grow is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace to Grow reported income of $562k and spending of $434k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $562k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace to Grow sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include SSCHC Real Estate Inc ($562k), Directions Medical Clinic ($562k) and David S Dream and Believe Cancer Foundation Inc ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $253k. It paid $5,064 in professional fundraising fees. At year end it held assets of $333k against liabilities of $0, net assets of $333k. It reported 6 employees.