Abounding Grace Ministries -- Middle Georgia Inc

Analysis

Abounding Grace Ministries -- Middle Georgia Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in November 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, Abounding Grace Ministries -- Middle Georgia Inc reported income of $118k and spending of $113k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $118k (+1.5%), an average of +1.5% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abounding Grace Ministries -- Middle Georgia 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 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Love Inc of Lufkin ($118k), Jack R Vollertsen Trust ($118k) and The Womens Commission of Southwest Louisiana ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.