Empowered by Grace
Analysis
Empowered by Grace is a registered charity in United States, based in Blue Mountain, MS. It received its IRS tax-exemption ruling in May 2016, 10 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 December 2023, Empowered by Grace reported income of $57k and spending of $47k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $57k (+11%), an average of +10% a year. Over the whole period it spent 203% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Empowered by Grace sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within MS. Charities of a similar size with the same main cause include Bunica Susie Ministries Inc ($57k), Steele Creek Housing Corporation ($57k) and Cameron Payne Foundation ($57k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 91% of the total. At year end it held assets of $450k against liabilities of $394k, net assets of $56k.
Income and spending
Where the income comes from
- Contributions & grants 9.5%
- Program services 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bunica Susie Ministries Inc | Fayetteville | $57k |
| Steele Creek Housing Corporation | Gray | $57k |
| Cameron Payne Foundation | Bartlett | $57k |
| Collectibles Antiques Thrift Store | Sun City | $57k |