Serving with Grace Inc

Analysis

Serving with Grace Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Serving with Grace Inc reported income of $150k and spending of $97k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $150k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serving with Grace Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Skyla Strong ($150k), Kathys Circle of Friends Inc ($150k) and Winged Hope Family Advocacy Foundation Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.