Grace Village

Analysis

Grace Village is a registered charity in United States, based in Wellington, CO. It received its IRS tax-exemption ruling in March 2018, 8 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, Grace Village reported income of $104k and spending of $39k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $104k (+254%), an average of +254% a year. The sharpest change came in the year to December 2023, when income rose by 254%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grace Village sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Edsils Place Apartments Inc ($104k), The Pennsylvania Building Officials Conference ($104k) and Les Petites Maisons II Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $560k against liabilities of $512k, net assets of $48k.