The Grace of God Presbyterian Church of Washington Inc

Analysis

The Grace of God Presbyterian Church of Washington Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in September 2009, 17 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, The Grace of God Presbyterian Church of Washington Inc reported income of $108k and spending of $147k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $108k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Grace of God Presbyterian Church of Washington Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Rooted Soul Ministries Inc ($108k), Dawat-E-Islami Wa Inc ($108k) and Arise and Thresh International Ministries Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $1.3m against liabilities of $245k, net assets of $1.0m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.