Grace Medical Home Foundation Inc

Analysis

Grace Medical Home Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace Medical Home Foundation Inc reported income of $635k and spending of $336k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $635k (+194%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 41356%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Medical Home Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Prescott Farmers Market Inc ($635k), Wyoming Food for Thought Project ($635k) and San Carlos Learning Academy Inc ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.9m against liabilities of $57k, net assets of $1.9m.