Grace Reigns Inc

Analysis

Grace Reigns Inc is a registered charity in United States, based in Colorado City, AZ. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Grace Reigns Inc reported income of $671k and spending of $223k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $234k to $671k (+186%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 39% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Reigns Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within AZ. Charities of a similar size with the same main cause include Solid Rock Mission ($671k), Outreach Map ($671k) and Leaders Collective ($670k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $27k (12% of expenses). Other salaries and wages came to $30k. At year end it held assets of $1.5m against liabilities of $13k, net assets of $1.5m. It reported 3 employees.