Place 4 Grace

Analysis

Place 4 Grace is a registered charity in United States, based in Mount Vernon, OH. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Place 4 Grace reported income of $101k and spending of $83k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $101k (-14%), an average of -14% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Place 4 Grace sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Front Door Communities ($101k), Hearts 4 Ukraine ($101k) and Happy Home for the Handicapped Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $317k against liabilities of $224k, net assets of $93k.