Saving Grace Womens Home Inc

Analysis

Saving Grace Womens Home Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Saving Grace Womens Home Inc reported income of $6.3m and spending of $5.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $6.3m (+458%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 220%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Saving Grace Womens Home Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Genesis Housing Services ($6.3m), Windham & Windsor Housing Trust Inc ($6.3m) and Barnabas Center Incorporated ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $4.4m against liabilities of $1.9m, net assets of $2.6m. It reported 25 employees.