Peter and Gracie Standing with Hope

Analysis

Peter and Gracie Standing with Hope is a registered charity in United States, based in McAllister, MT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peter and Gracie Standing with Hope reported income of $136k and spending of $156k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $182k to $136k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Peter and Gracie Standing with Hope sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MT. Charities of a similar size with the same main cause include Breccia Ministries the Kyra Karr Foundation Inc ($136k), Art of Living Ministry - Rethink ($136k) and Able to Teach Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.