Let Grace in

Analysis

Let Grace in is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 2019, 7 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, Let Grace in reported income of $149k and spending of $126k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $149k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Let Grace in sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within HI. Charities of a similar size with the same main cause include Zeta Zeta Lambda Company Inc ($149k), Keim Cares ($149k) and Onus Early Learning Center Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. At year end it held assets of $131k against liabilities of $15k, net assets of $115k.