Grace Christian Church Mechanicsville Inc

Analysis

Grace Christian Church Mechanicsville Inc is a registered charity in United States, based in Mechanicsville, VA. It received its IRS tax-exemption ruling in November 2022, 4 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, Grace Christian Church Mechanicsville Inc reported income of $573k and spending of $596k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $571k to $573k (+0.4%), an average of +0.4% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Christian Church Mechanicsville Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Our Legacy ($573k), Center for Interfaith Cooperation Inc ($573k) and Seedline International Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (6.7% of expenses). Other salaries and wages came to $133k. At year end it held assets of $81k against liabilities of $2,622, net assets of $79k. It reported 8 employees.