Grace Works Global

Analysis

Grace Works Global is a registered charity in United States, based in Payson, AZ. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Works Global reported income of $197k and spending of $219k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $263k to $197k (-25%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Works Global sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within AZ. Charities of a similar size with the same main cause include The Episcopal Chaplaincy at Harvard Inc ($197k), A Cup of Love Ministry ($197k) and Anba Abraam Coptic Charity ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $2,664, net assets of $39k.