Extended Grace

Analysis

Extended Grace is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Extended Grace reported income of $956k and spending of $818k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $389k to $956k (+146%), an average of +25% a year. The sharpest change came in the year to August 2023, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Extended Grace sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Project Partner Inc ($956k), Hispaniola Mountain Ministries Inc ($956k) and Alliance for Transformational Ministry ($955k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $78k (9.5% of expenses). Other salaries and wages came to $249k. It paid $61k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $875k, net assets of $687k. It reported 13 employees.