Grace Kitchen

Analysis

Grace Kitchen is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Grace Kitchen reported income of $805k and spending of $717k, spending 89% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $99k to $805k (+715%), an average of +186% a year. The sharpest change came in the year to December 2022, when income rose by 408%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grace Kitchen sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include The Economic Alliance for Michigan ($805k), Catalyst Community Capital Inc ($806k) and Thrive Inc ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $101k (14% of expenses). Other salaries and wages came to $196k. At year end it held assets of $218k against liabilities of $22k, net assets of $196k. It reported 31 employees.