Grace Arms of Antioch

Analysis

Grace Arms of Antioch is a registered charity in United States, based in Antioch, CA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Grace Arms of Antioch reported income of $76k and spending of $72k, spending 95% of its income. Across the 2 years on record, from March 2023 to December 2023, income fell from $139k to $76k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Arms of Antioch sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Foundation for Coffee Knowledge ($76k), Noahs Ark Christian Preschool Inc ($76k) and Highlands Ranch Community Scholarship Fund ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. At year end it held assets of $43k against liabilities of $45k, net assets of -$1,908.