Majestic Grace Inc

Analysis

Majestic Grace Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Majestic Grace Inc reported income of $154k and spending of $145k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $154k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Majestic Grace Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MT. Charities of a similar size with the same main cause include Janaka Foundation ($154k), St Vincent de Paul Society of Kaukauna ($154k) and Unified Buddhist Church Endowment ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $26k against liabilities of $430, net assets of $25k.