Infinite Grace Ministries Inc
Analysis
Infinite Grace Ministries Inc is a registered charity in United States, based in Weatherford, OK. It received its IRS tax-exemption ruling in September 1999, 27 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 June 2023, Infinite Grace Ministries Inc reported income of $82k and spending of $107k, spending 131% of what it took in. Over the whole period it spent 274% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Infinite Grace Ministries Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within OK. Charities of a similar size with the same main cause include San Simeon by the Sound Inc ($82k), Mary Ellen Strong Foundation Inc ($82k) and Kingdom for Jesus Corporation ($82k).
On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $246k against liabilities of $1,505, net assets of $244k.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 16%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| San Simeon by the Sound Inc | Greenport | $82k |
| Mary Ellen Strong Foundation Inc | Milwaukee | $82k |
| Kingdom for Jesus Corporation | Upland | $82k |
| Puente Hispano Inc | Orlando | $82k |