Grace Collaborative Inc
Analysis
Grace Collaborative Inc is a registered charity in United States, based in North Chili, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Grace Collaborative Inc reported income of $299k and spending of $284k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $285k to $299k (+4.9%), an average of +4.9% a year. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Collaborative Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Excel Foundation Inc ($299k), Jackson County Library Foundation ($299k) and Cocalico Education Foundation ($299k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $3,700 (1.3% of expenses). At year end it held assets of $50k against liabilities of $0, net assets of $50k.
Income and spending
Where the income comes from
- Contributions & grants 7.3%
- Program services 92%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Excel Foundation Inc | Coeur D Alene | $299k |
| Jackson County Library Foundation | Medford | $299k |
| Cocalico Education Foundation | Denver | $299k |
| Hey Neighbor | Colorado Springs | $299k |