Amazing Grace Ministries of Hendersonville
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
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ministry for Orphans and Widows | Maple Grove | $211k |
| Olive Branch Payee Service | Bakersfield | $211k |
| Ryan Patrick Oshea Foundation Inc | Rockville Ctr | $211k |
| Juniper Community Missions | Thompsontown | $211k |