Salina Grace Foundation

Analysis

Salina Grace Foundation is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Salina Grace Foundation reported income of $431k and spending of $429k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $211k to $431k (+104%), an average of +104% a year. The sharpest change came in the year to June 2023, when income rose by 104%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salina Grace Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within KS. Charities of a similar size with the same main cause include Alpha Home Inc ($431k), Casa Dorada Inc ($431k) and William R Anderson HDFC ($431k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $562 (0.1% of expenses). Other salaries and wages came to $203k. At year end it held assets of $103k against liabilities of $22k, net assets of $81k. It reported 16 employees.