Full of Grace Foundation Inc

Analysis

Full of Grace Foundation Inc is a registered charity in United States, based in El Dorado HLS, CA. 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 December 2023, Full of Grace Foundation Inc reported income of $115k and spending of $1.2m, spending 1017% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $29k to $115k (+294%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 14212%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Full of Grace Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Little Gems Daycare Center ($115k), Anahi of Orange County Room & Board Inc ($115k) and Radford-Fairlawn Daily Bread Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 278% of the total. At year end it held assets of $289k against liabilities of $0, net assets of $289k.