Grace Inspired Ministries

Analysis

Grace Inspired Ministries is a registered charity in United States, based in Telford, PA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Grace Inspired Ministries reported income of $4.4m and spending of $4.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.4m (+49%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Inspired Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Valley Health Systems Inc ($4.4m), Paterson Counseling Center ($4.4m) and Cleveland Va Medical Research and Education Foundation ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $710k (16% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.2m against liabilities of $4.7m, net assets of $562k. It reported 49 employees.