Gavins Gift of Grace

Analysis

Gavins Gift of Grace is a registered charity in United States, based in Leander, TX. It received its IRS tax-exemption ruling in October 2019, 7 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, Gavins Gift of Grace reported income of $95k and spending of $110k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $95k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gavins Gift of Grace sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Emmanuel Labor ($95k), Folsom Trailblazers Snowmobile Club Inc ($95k) and Mercer Foundation Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.