Grace Ministries International Inc

Analysis

Grace Ministries International Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in February 1987, 39 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, Grace Ministries International Inc reported income of $473k and spending of $737k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $711k to $473k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Ministries International Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include 7 Stages Discipleship Bridges ($473k), Sanatan Shiv Shakti Mandir of Houston Inc ($473k) and Faith and Life Inc ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $393k. At year end it held assets of $559k against liabilities of $28k, net assets of $532k. It reported 24 employees.