Grace Pointe Center

Analysis

Grace Pointe Center is a registered charity in United States, based in Wytheville, VA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace Pointe Center reported income of $148k and spending of $137k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $148k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Pointe Center sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Arms of Hope Community Inc ($148k), Here I Am Orphan Ministries Inc ($148k) and Orkestai Farm Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.