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Infinite Grace Ministries Inc

RegisteredEIN 73-1563926Weatherford, OKReligion
Income$82k2023-06
Spending$107ksame year
Spent / received274%2-year average
Size in its cause36th pctReligion
Exempt since1999Publicly supported organisat
Employees–latest return

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

$0$27k$54k$80k$107k2022 Income: -$6,5092022 Spending: $98,76320222023 Income: $81,5942023 Spending: $107,2872023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Program services 16%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
San Simeon by the Sound IncGreenport$82k
Mary Ellen Strong Foundation IncMilwaukee$82k
Kingdom for Jesus CorporationUpland$82k
Puente Hispano IncOrlando$82k