Abundant Grace Ministries Church of Christ Holiness

Analysis

Abundant Grace Ministries Church of Christ Holiness is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Abundant Grace Ministries Church of Christ Holiness reported income of $72k and spending of $79k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $69k to $72k (+4.5%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abundant Grace Ministries Church of Christ Holiness sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Living for Christ Church of God ($72k), Iglesia Cristiana Jesus Reyna Inc ($72k) and Grace Womens Care Center Inc ($72k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.