Grace Ministries International Inc

Analysis

Grace Ministries International Inc is a registered charity in United States, based in Monessen, PA. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Grace Ministries International Inc reported income of $169k and spending of $50k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $169k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 24% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Ministries International Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Right Hand Ministries ($169k), Ministerios Cristianos Lo Mejor Deltrigo Inc ($169k) and Clinic of Restoration Church of God ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $333k against liabilities of $281, net assets of $332k.