Communities of Grace International

Analysis

Communities of Grace International is a registered charity in United States, based in Raleigh, NC. 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 (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, Communities of Grace International reported income of $155k and spending of $146k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $256k to $155k (-39%), an average of -9.5% a year. The sharpest change came in the year to December 2019, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Communities of Grace International sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include International Ministries Network ($155k), American Compassion Life Association ($155k) and Trust for Methodist Development of the 1st United Methodist Church ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.