Grace Under the Oaks Inc

Analysis

Grace Under the Oaks Inc is a registered charity in United States, based in Saint Johns, FL. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grace Under the Oaks Inc reported income of $133k and spending of $48k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $133k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 32% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Under the Oaks 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 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Brentwood Meals on Wheels Inc ($133k), Hack Your Lives ($133k) and Military Showers of Support Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 5.0% of the total. At year end it held assets of $249k against liabilities of $2,542, net assets of $246k.