Cup of Grace Inc

Analysis

Cup of Grace Inc is a registered charity in United States, based in Spirit Lake, ID. It received its IRS tax-exemption ruling in January 2017, 9 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cup of Grace Inc reported income of $116k and spending of $104k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $282k to $116k (-59%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cup of Grace Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within ID. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($116k), Jack a and Aviva Robinson Family Support Foundation ($116k) and Northwest Oklahoma Crisis Pregnancy Center Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $694k against liabilities of $423k, net assets of $272k.