Grace Explorations

Analysis

Grace Explorations is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Explorations reported income of $99k and spending of $115k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $99k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Explorations sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Women in Ministry International Incorporated ($99k), Heart of the Father Ministries Inc ($99k) and Encounter Missions International ($98k).

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 $16k against liabilities of $1,782, net assets of $14k.