With Grace Initiative a NJ Nonprofit Corporation

Analysis

With Grace Initiative a NJ Nonprofit Corporation is a registered charity in United States, based in Gillette, NJ. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover medical research, 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, With Grace Initiative a NJ Nonprofit Corporation reported income of $63k and spending of $62k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $63k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, With Grace Initiative a NJ Nonprofit Corporation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Broken Chains ($63k), Southwest Alano Club ($63k) and Alex Mandarino Foundation ($63k).

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 $65k against liabilities of $0, net assets of $65k.