Church of Eternal Grace Inc

Analysis

Church of Eternal Grace Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Church of Eternal Grace Inc reported income of $88k and spending of $28k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $88k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church of Eternal Grace Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within NM. Charities of a similar size with the same main cause include Camp Brethren Heights Inc ($88k), Realword Outdoors ($88k) and Kingdom Connectors ($88k).

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 $111k against liabilities of $0, net assets of $111k.