Grace City Outreach

Analysis

Grace City Outreach is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. 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 2022, Grace City Outreach reported income of $972k and spending of $1.0m, spending 106% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $615k to $972k (+58%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grace City Outreach sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Montgomery House Inc ($972k), Island Synagogue ($973k) and Springfield Symphony Orchestra Inc ($972k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (8.2% of expenses). Other salaries and wages came to $537k. At year end it held assets of $317k against liabilities of $8,999, net assets of $308k. It reported 38 employees.