Gracious Heart Resource Family Agency

Analysis

Gracious Heart Resource Family Agency is a registered charity in United States, based in Banning, CA. It received its IRS tax-exemption ruling in May 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, Gracious Heart Resource Family Agency reported income of $626k and spending of $709k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $47k to $626k (+1232%), an average of +137% a year. The sharpest change came in the year to December 2021, when income rose by 996%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gracious Heart Resource Family Agency sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Jubilee Home ($626k), Good Samaritan Network Inc ($626k) and Once Upon a Dream Learning Center ($626k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $122k (17% of expenses). Other salaries and wages came to $149k. At year end it held assets of $232k against liabilities of $192k, net assets of $40k. It reported 9 employees.