Grace United Community Ministries Inc

Analysis

Grace United Community Ministries Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in June 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 December 2023, Grace United Community Ministries Inc reported income of $313k and spending of $362k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $665k to $313k (-53%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace United Community Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within KS. Charities of a similar size with the same main cause include Community Life Bridge Inc ($313k), Refuge for the Poor ($313k) and Good Shepherd Mission Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $56k (15% of expenses). Other salaries and wages came to $32k. At year end it held assets of $507k against liabilities of $0, net assets of $507k. It reported 9 employees.