Grace Community Housing

Analysis

Grace Community Housing is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Community Housing reported income of $282k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $4.8m to $282k (-94%), an average of -94% a year. The sharpest change came in the year to December 2023, when income dropped by 94%. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grace Community Housing sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within KY. Charities of a similar size with the same main cause include Azria Lewers & Jessie J Lyons Manor Inc ($282k), Senior Citizens Housing of Moore Ok ($282k) and Fifteenth Avenue Baptist Village Manor ($282k).

At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.