Home of Grace for Women Inc

Analysis

Home of Grace for Women Inc is a registered charity in United States, based in Eight Mile, AL. It received its IRS tax-exemption ruling in August 1976, 50 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Home of Grace for Women Inc reported income of $1.1m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home of Grace for Women Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Community Housing of Darke Miami & Shelby Counties Incorporated ($1.1m), The Lilabean Foundation Inc ($1.1m) and Clearway Clinic Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $58k (5.4% of expenses). Other salaries and wages came to $336k. At year end it held assets of $1.2m against liabilities of $14k, net assets of $1.1m. It reported 19 employees.