Full of Grace Inc

Analysis

Full of Grace Inc is a registered charity in United States, based in Amite, LA. It received its IRS tax-exemption ruling in February 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, Full of Grace Inc reported income of $115k and spending of $152k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $604k to $115k (-81%), an average of -34% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Full of Grace Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within LA. Charities of a similar size with the same main cause include North East Texas Tres Dias ($115k), Opera Leggera Inc ($115k) and Texas Country Boys ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.