Grace Community Outreach Ministries Inc

Analysis

Grace Community Outreach Ministries Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover human services, 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 Community Outreach Ministries Inc reported income of $97k and spending of $91k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $97k (+12%), an average of +12% a year. 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 Community Outreach Ministries Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within LA. Charities of a similar size with the same main cause include Fraternal Order of Eagles Sycamore Aerie 1095 Needy Family & Scholars ($97k), Night Lights Incorporated ($97k) and Safespace Foundation Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.