Grace Sober Living
Analysis
Grace Sober Living is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, 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 Sober Living reported income of $1.4m and spending of $694k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $430k to $1.4m (+227%), an average of +81% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 43% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Sober Living sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Foundation for Rhodes Homes Inc ($1.4m), Gillespie Services Inc ($1.4m) and Rachel Covey Foundation ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $100k (14% of expenses). Other salaries and wages came to $89k. It paid $2,600 in professional fundraising fees. At year end it held assets of $4.2m against liabilities of $2.8m, net assets of $1.5m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 10%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Foundation for Rhodes Homes Inc | Atlanta | $1.4m |
| Gillespie Services Inc | Melbourne | $1.4m |
| Rachel Covey Foundation | Alpine | $1.4m |
| Shallow Ford Foundation Inc | Clemmons | $1.4m |