Project Grace Foundation Inc

Analysis

Project Grace Foundation Inc is a registered charity in United States, based in River Hills, WI. It received its IRS tax-exemption ruling in May 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, Project Grace Foundation Inc reported income of $96k and spending of $71k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $96k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Grace Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within WI. Charities of a similar size with the same main cause include Mychoice Resource Center ($96k), Vestia Inc ($96k) and Peachs Pantry ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.