Gracebridge Alliance Inc

Analysis

Gracebridge Alliance Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Gracebridge Alliance Inc reported income of $82k and spending of $136k, spending 165% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $82k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gracebridge Alliance Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Voice of Truth Church Inc ($82k), All Nations for Jesus Christ Inc ($82k) and Linh Phong Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $68k against liabilities of $5,101, net assets of $63k.