This Grace of Giving Inc

Analysis

This Grace of Giving Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in June 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, This Grace of Giving Inc reported income of $185k and spending of $147k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $185k (+101%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, This Grace of Giving Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Providence Place IV Inc ($185k), Insight Counseling Services Inc ($185k) and KC Financial MGMT Services Inc ($185k).

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 $105k against liabilities of $864, net assets of $104k.