The Grace Message
Analysis
The Grace Message is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in August 2021, 5 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 June 2023, The Grace Message reported income of $2.9m and spending of $2.8m, spending 99% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $738k to $2.9m (+288%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 220%. Over the whole period it spent 74% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Grace Message sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Interfaith Alliance Foundation ($2.9m), Bibles for America Incorporated ($2.9m) and Baltimore Yearly Meeting of the Religious Society of Friends ($2.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $384k (14% of expenses). Other salaries and wages came to $248k. It paid $128k in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $719k, net assets of $3.1m. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 1.2%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Interfaith Alliance Foundation | Washington | $2.9m |
| Bibles for America Incorporated | Irvine | $2.9m |
| Baltimore Yearly Meeting of the Religious Society of Friends | Sandy Spring | $2.9m |
| Bridge Ministries | Redmond | $2.9m |