Grace Community International

Analysis

Grace Community International is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Community International reported income of $230k and spending of $227k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $230k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grace Community International sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Rebuilding Together Solano County Inc ($230k), Whitewater Manor Inc ($230k) and Farm in the Dell of the Red River Valley Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $103k. At year end it held assets of $41k against liabilities of $0, net assets of $41k. It reported 2 employees.