Operation Grace World Missions Inc

Analysis

Operation Grace World Missions Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1976, 50 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 2022, Operation Grace World Missions Inc reported income of $990k and spending of $951k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $716k to $990k (+38%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Operation Grace World Missions Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Gospel Operation International USA ($990k), Community of Caritas ($990k) and Otterbein Ministries Inc ($990k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $388k against liabilities of $0, net assets of $388k.