Grace Faith Mission Inc

Analysis

Grace Faith Mission Inc is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Faith Mission Inc reported income of $236k and spending of $131k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $207k to $236k (+14%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Faith Mission Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Upper Room Deliverance Tabernacle Inc ($236k), School Time Bible Ministries ($236k) and Loaves & Fishes Ministries Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.