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Amazing Grace Ministries of Hendersonville

RegisteredEIN 81-1349247Hendersonvlle, NCPoverty relief
Income$211k2023-12
Spending$205ksame year
Spent / received98%4-year average
Size in its cause49th pctPoverty relief
Exempt since2016Publicly supported organisat
Employees3latest return

Analysis

Amazing Grace Ministries of Hendersonville is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Amazing Grace Ministries of Hendersonville reported income of $211k and spending of $205k, spending 97% of its income. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amazing Grace Ministries of Hendersonville sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Ministry for Orphans and Widows ($211k), Olive Branch Payee Service ($211k) and Ryan Patrick Oshea Foundation Inc ($211k).

Compensation of current officers, directors and key employees was $6,500 (3.2% of expenses). Other salaries and wages came to $7,030. At year end it held assets of $29k against liabilities of $2,858, net assets of $27k. It reported 3 employees.

Income and spending

$0$61k$122k$183k$244k2018 Income: $02018 Spending: $218,30720182021 Income: $235,5102021 Spending: $222,34220212022 Income: $236,1582022 Spending: $243,65820222023 Income: $210,6532023 Spending: $204,9762023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Ministry for Orphans and WidowsMaple Grove$211k
Olive Branch Payee ServiceBakersfield$211k
Ryan Patrick Oshea Foundation IncRockville Ctr$211k
Juniper Community MissionsThompsontown$211k