Grace Fellowship USA Inc
Analysis
Grace Fellowship USA Inc is a registered charity in United States, based in Pigeon Forge, TN. It received its IRS tax-exemption ruling in April 1996, 30 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 Fellowship USA Inc reported income of $288k and spending of $349k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $354k to $288k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Grace Fellowship USA Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Revival & Kingdom Ministries Inc ($288k), Camp His Way Incorporated ($288k) and U-Turn Foundations Inc ($288k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $70k (20% of expenses). Other salaries and wages came to $92k. At year end it held assets of $594k against liabilities of $9,018, net assets of $585k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Other 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Revival & Kingdom Ministries Inc | Chula Vista | $288k |
| Camp His Way Incorporated | Zavalla | $288k |
| U-Turn Foundations Inc | Fayetteville | $288k |
| Kingsmen Baseball Inc | Rock Hill | $288k |