Grace Overflowing Ministries Inc

Analysis

Grace Overflowing Ministries Inc is a registered charity in United States, based in Davenport, FL. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Overflowing Ministries Inc reported income of $89k and spending of $90k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $56k to $89k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Overflowing Ministries Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Hayate Abadi Ministries ($89k), Kollel Tiferes Shimon Inc ($89k) and Kingdom Discipleship ($89k).

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 $106k against liabilities of $0, net assets of $106k.