Place of Grace Inc

Analysis

Place of Grace Inc is a registered charity in United States, based in Russellville, AL. It received its IRS tax-exemption ruling in March 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Place of Grace Inc reported income of $110k and spending of $53k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $110k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 28% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Place of Grace Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Iowa Radio Reading Information Serv for the Blind & PRT HDCPD Inc ($110k), Nwi Parkinsons Inc ($110k) and Metro-West Alano Club Inc ($110k).

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 $313k against liabilities of $231, net assets of $313k.