Full of Grace Ministries

Analysis

Full of Grace Ministries is a registered charity in United States, based in Powder SPGS, GA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministries reported income of $50k and spending of $500, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $255k to $50k (-80%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 0.3% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Full of Grace Ministries sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 20th percentile within GA. Charities of a similar size with the same main cause include New Creation Ministries Church ($50k), Triune Mercy Center Endowment Fund ($50k) and Parkview Baptist Church Foundation ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $748k against liabilities of $0, net assets of $748k.