Three Grains of Rice Missions Inc

Analysis

Three Grains of Rice Missions Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 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, Three Grains of Rice Missions Inc reported income of $1.4m and spending of $738k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $766k to $1.4m (+84%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Three Grains of Rice Missions Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Foster Angels of Central Texas Foundation ($1.4m), Northeast Deaf & Hard Hearing Services Inc ($1.4m) and C-U at Home ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.0m against liabilities of $5,340, net assets of $1.0m.