Gracism Global Inc

Analysis

Gracism Global Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Gracism Global Inc reported income of $113k and spending of $92k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $81k to $113k (+41%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gracism Global Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include North Carolina Folklife Institute ($113k), Crockett County Historical Scientific and Museum Society ($114k) and Richfield Historical Society Inc ($113k).

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 $120k against liabilities of $2,150, net assets of $118k.