Grace Place Anna

Analysis

Grace Place Anna is a registered charity in United States, based in Anna, TX. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Anna reported income of $79k and spending of $80k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $47k to $79k (+67%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Place Anna sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Sisters in Pink Inc ($79k), Defenders of the Unborn ($79k) and Refresh and Resound International ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,550 against liabilities of $871, net assets of $2,679.