Grand Prairie Food and Clothing Assistance Corporation

Analysis

Grand Prairie Food and Clothing Assistance Corporation is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grand Prairie Food and Clothing Assistance Corporation reported income of $118k and spending of $87k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $118k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grand Prairie Food and Clothing Assistance Corporation 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 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Mercy Outreach Ministries IV Inc ($118k), Meadowlark House Child Advocacy Center ($118k) and Wells Clayton Whitworth Memorial Foundation ($118k).

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 $384k against liabilities of $0, net assets of $384k.