Grace Bridge Ministries Inc

Analysis

Grace Bridge Ministries Inc is a registered charity in United States, based in Lawrence, NJ. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace Bridge Ministries Inc reported income of $81k and spending of $16k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $81k (+193%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 193%. Over the whole period it spent 26% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Bridge Ministries 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 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Tehillimforall ($81k), Journey Center Inc ($81k) and Dot Ministries Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.