Grateful Americans Charity

Analysis

Grateful Americans Charity is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in August 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, Grateful Americans Charity reported income of $900k and spending of $818k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $900k (+103%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grateful Americans Charity sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Alabama Parent Education Center ($900k), Mercer County Family Support Organization ($901k) and Beyond Uganda Inc ($900k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 131% of the total. Other salaries and wages came to $97k. At year end it held assets of $391k against liabilities of $0, net assets of $391k. It reported 2 employees.