Rhythms of Grace

Analysis

Rhythms of Grace is a registered charity in United States, based in Dallas Center, IA. It received its IRS tax-exemption ruling in April 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rhythms of Grace reported income of $239k and spending of $235k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $239k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rhythms of Grace sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include Papillion Center for Fetal Alcohol Spectrum Disorders of Kent ($239k), Legacy of Hope Inc ($239k) and United Cerebral Palsy Association of San Francisco ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 8.0% of the total. At year end it held assets of $110k against liabilities of $25k, net assets of $85k.