Freedom of Grace Church Inc
Analysis
Freedom of Grace Church Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Freedom of Grace Church Inc reported income of $60k and spending of $62k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $60k (-2.7%), an average of -2.7% a year. Over the whole period it spent 112% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Freedom of Grace Church Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Sexual Integrity Leaders Inc ($60k), Patterns for Life Inc ($60k) and Life for Armenia International ($60k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sexual Integrity Leaders Inc | Omro | $60k |
| Patterns for Life Inc | Chino | $60k |
| Life for Armenia International | Glendale | $60k |
| Linh Phong Buddhist Center Corporation | Byron | $60k |