Grace of God Rescue Mission Inc

Analysis

Grace of God Rescue Mission Inc is a registered charity in United States, based in Forest City, NC. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grace of God Rescue Mission Inc reported income of $317k and spending of $284k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $317k (+12%), an average of +2.9% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace of God Rescue Mission Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Gilmer Community Food Pantry ($316k), Mercy Coop & Cafe a NJ Nonprofit Corporation ($317k) and Big Sur Food & Wine Foundation Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $138k. At year end it held assets of $320k against liabilities of $2,928, net assets of $317k. It reported 2 employees.