Grace Place for Women Inc

Analysis

Grace Place for Women Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Place for Women Inc reported income of $517k and spending of $526k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $517k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Place for Women Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within NM. Charities of a similar size with the same main cause include Heal Trafficking Inc ($517k), Pregnancy Care Center of Union County ($517k) and Boothbay Region Health Care Inc ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $114k (22% of expenses). Other salaries and wages came to $232k. At year end it held assets of $1.1m against liabilities of $45k, net assets of $1.1m. It reported 11 employees.