Saving Grace Ministries

Analysis

Saving Grace Ministries is a registered charity in United States, based in Dover, OK. It received its IRS tax-exemption ruling in September 1967, 59 years ago. 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 2023, Saving Grace Ministries reported income of $60k and spending of $53k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $60k (-1.3%), an average of -1.3% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saving Grace Ministries sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within OK. Charities of a similar size with the same main cause include Hawaii Alliance for Arts Education ($60k), PTA Delaware Congress ($60k) and Kern Valley Hospital Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.