Greater Grace Ministires of Liberia

Analysis

Greater Grace Ministires of Liberia is a registered charity in United States, based in Cedar Falls, IA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Grace Ministires of Liberia reported income of $198k and spending of $304k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $198k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 124% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater Grace Ministires of Liberia sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include Mountain of Fire & Miracles Ministries USA Region 6 Headquarte ($198k), Jame Masjid Inc ($198k) and Perrysburg Christians Untied Inc ($198k).

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 $20k against liabilities of $0, net assets of $20k.