Grace Counseling Group

Analysis

Grace Counseling Group is a registered charity in United States, based in Los Alamitos, CA. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Grace Counseling Group reported income of $473k and spending of $462k, spending 98% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $518k to $473k (-8.7%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Counseling Group 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 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include The Pangea Network ($473k), Give Nebraska ($473k) and Highland District Council on Aging Inc ($473k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $33k (7.1% of expenses). Other salaries and wages came to $304k. At year end it held assets of $67k against liabilities of $3, net assets of $67k. It reported 14 employees.