Grace House Ministries Inc

Analysis

Grace House Ministries Inc is a registered charity in United States, based in Shelbyville, IN. It received its IRS tax-exemption ruling in February 2015, 11 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 June 2024, Grace House Ministries Inc reported income of $74k and spending of $68k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $75k to $74k (-1.8%), an average of -1.8% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace House Ministries Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Friends of the Fair a Colorado Non-Profit Corporation ($74k), Abiding Spirit Center Inc ($74k) and Self Sufficiency Inc ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $177k against liabilities of $145k, net assets of $33k.