Grace Place for Children and Families Inc

Analysis

Grace Place for Children and Families Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Grace Place for Children and Families Inc reported income of $6.4m and spending of $7.2m, spending 112% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $5.7m to $6.4m (+13%), an average of +2.5% a year. The sharpest change came in the year to July 2022, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Place for Children and Families Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Spectrum Community Services Inc ($6.4m), Center for Positive Changes ($6.4m) and Childrens Center of Cicero-Berwyn Inc ($6.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $539k (7.5% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $15.1m against liabilities of $815k, net assets of $14.3m. It reported 161 employees.