Grace Place Inc

Analysis

Grace Place Inc is a registered charity in United States, based in Batesville, MS. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Grace Place Inc reported income of $303k and spending of $322k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $215k to $303k (+41%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Place Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within MS. Charities of a similar size with the same main cause include Survive a Stroke Foundation ($303k), Every Mother Inc ($303k) and Grace Healthcare Services Corp ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $194k. At year end it held assets of $303k against liabilities of $1,901, net assets of $301k. It reported 6 employees.