Grace House Inc

Analysis

Grace House Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 House Inc reported income of $262k and spending of $295k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $262k (+29%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 85% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Grace House Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Collaborative Connections ($262k), Our Lady Charity for the Community ($262k) and Phoenix Legal Action Network ($262k).

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 $77k (26% of expenses). Other salaries and wages came to $36k. At year end it held assets of $1.3m against liabilities of $2,968, net assets of $1.3m. It reported 5 employees.