National Grace Foundation

Analysis

National Grace Foundation is a registered charity in United States, based in E Greenwich, RI. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, National Grace Foundation reported income of $52k and spending of $49k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $52k (+8.8%), an average of +8.8% a year. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, National Grace Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within RI. Charities of a similar size with the same main cause include Maricopa Youth Mariners ($52k), Darlington Ffa Alumni ($52k) and North Dakota Farm Management Education ($52k).

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 $1 against liabilities of $618, net assets of -$617.