Ornament of Grace Ministries Inc

Analysis

Ornament of Grace Ministries Inc is a registered charity in United States, based in Lansing, KS. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ornament of Grace Ministries Inc reported income of $85k and spending of $70k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $51k to $85k (+67%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ornament of Grace Ministries Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within KS. Charities of a similar size with the same main cause include Ministerio Profetico Rios de Agua Viva ($84k), Banquet Network Inc ($85k) and Northfield League Inc ($84k).

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 $32k against liabilities of $0, net assets of $32k.