Grace Walk Ministries Inc
Analysis
Grace Walk Ministries Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 1997, 29 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 Walk Ministries Inc reported income of $313k and spending of $345k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $367k to $313k (-15%), an average of -3.9% a year. Over the whole period it spent 104% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Grace Walk Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Global Christian Forum Foundation ($313k), Calvary Haiti Mission Support Co ($313k) and Izman Torah Solutions ($313k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Global Christian Forum Foundation | Grand Rapids | $313k |
| Calvary Haiti Mission Support Co | Palm Bay | $313k |
| Izman Torah Solutions | Sanford | $313k |
| Keren Hachesed of Greater Washington Inc | Baltimore | $313k |