Grace Foundation Family Transformation Inc

Analysis

Grace Foundation Family Transformation Inc is a registered charity in United States, based in Martin, GA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grace Foundation Family Transformation Inc reported income of $55k and spending of $55k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $55k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Foundation Family Transformation Inc 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 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Good Samaritan of Richland County ($55k), Open Hands Living ($55k) and Centerplace III Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 80% of the total. At year end it held assets of $3,141 against liabilities of $0, net assets of $3,141.