Place of Grace Inc
Analysis
Place of Grace Inc is a registered charity in United States, based in Huntington, IN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Place of Grace Inc reported income of $569k and spending of $336k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $206k to $569k (+176%), an average of +66% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 74% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Place of Grace Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Lions Story Village ($568k), Community Justice Incorporated ($569k) and Virginia Mentoring Partnership ($568k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Other salaries and wages came to $229k. At year end it held assets of $386k against liabilities of $6,680, net assets of $379k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.0%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lions Story Village | Philadelphia | $568k |
| Community Justice Incorporated | Madison | $569k |
| Virginia Mentoring Partnership | Richmond | $568k |
| Rainbow Childrens Home | Dahlonega | $569k |