Grace Bible Mission

Analysis

Grace Bible Mission is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in November 2006, 20 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 Bible Mission reported income of $169k and spending of $304k, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $330k to $169k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Bible Mission sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Ecclesia2020 ($169k), Father Pablos Mission Helpers of the Holy Savior ($169k) and Austin Global Ambassadors Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7,200 (2.4% of expenses). At year end it held assets of $172k against liabilities of $0, net assets of $172k.