Boston Grace Presbyterian Church Inc

Analysis

Boston Grace Presbyterian Church Inc is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boston Grace Presbyterian Church Inc reported income of $212k and spending of $242k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $212k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Boston Grace Presbyterian Church Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Kusalakari Corp ($212k), Moravian Care Ministries ($212k) and Solid Rock Baptist Church ($212k).

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 $41k (17% of expenses). At year end it held assets of $141k against liabilities of $82k, net assets of $59k. It reported 2 employees.