Saving Grace Farm Inc

Analysis

Saving Grace Farm Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in September 2000, 26 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 June 2024, Saving Grace Farm Inc reported income of $183k and spending of $164k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $146k to $183k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saving Grace Farm 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 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Camp Parc ($183k), Kids Choice Inc ($183k) and The Aspen Effect Inc ($183k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 44% of the total. At year end it held assets of $66k against liabilities of $1,056, net assets of $65k.