Greater Grace Assemblies and Networks

Analysis

Greater Grace Assemblies and Networks is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in December 2017, 9 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, Greater Grace Assemblies and Networks reported income of $100k and spending of $100k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $100k (-7.1%), an average of -7.1% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater Grace Assemblies and Networks sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Platform of Comfort Ministries Inc ($100k), Johnny Rowlett Ministries ($100k) and Rev1211 Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $534k against liabilities of $78k, net assets of $457k.