Gracepoint Resource Center LLC

Analysis

Gracepoint Resource Center LLC is a registered charity in United States, based in Rensselaer, IN. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gracepoint Resource Center LLC reported income of $81k and spending of $69k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $36k to $81k (+122%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gracepoint Resource Center LLC 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 31st percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Islamic Association of West Virginia-Beckley Chapter ($81k), Association of Christian Executives Inc ($81k) and Eglise Evangelique Des Pelerins ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.