Grace Recovery Inc

Analysis

Grace Recovery Inc is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in April 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 June 2023, Grace Recovery Inc reported income of $177k and spending of $206k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $120k to $177k (+48%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Recovery Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within MO. Charities of a similar size with the same main cause include Poverty Resistance Food Pantry ($177k), Art Salvage ($177k) and Society of St Vincent Depaul in the Diocese of Brooklyn ($177k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $110k. At year end it held assets of $621k against liabilities of $251k, net assets of $370k. It reported 3 employees.