Ray and Charyl Schroeder Grace Foundation

Analysis

Ray and Charyl Schroeder Grace Foundation is a registered charity in United States, based in Woodruff, SC. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Ray and Charyl Schroeder Grace Foundation reported income of $101k and spending of $179k, spending 177% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $75k to $101k (+35%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 144% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ray and Charyl Schroeder Grace Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 43rd percentile within SC. Charities of a similar size with the same main cause include Tell the World Wellness ($101k), Carroll County Rescue Squad Inc ($101k) and Chatham Cares Community Pharmacy ($101k).

At year end it held assets of $3.3m against liabilities of $22k, net assets of $3.3m.