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Empowered by Grace

RegisteredEIN 47-4627901Blue Mountain, MSPoverty relief
Income$57k2023-12
Spending$47ksame year
Spent / received203%2-year average
Size in its cause20th pctPoverty relief
Exempt since2016Publicly supported organisat
Employees–latest return

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

$0$44k$87k$131k$175k2022 Income: $51,8702022 Spending: $174,97820222023 Income: $57,3312023 Spending: $46,6392023
IncomeSpending

Where the income comes from

  • Contributions & grants 9.5%
  • Program services 91%

Similar-sized charities, same cause

CharityLocationIncome
Bunica Susie Ministries IncFayetteville$57k
Steele Creek Housing CorporationGray$57k
Cameron Payne FoundationBartlett$57k
Collectibles Antiques Thrift StoreSun City$57k