Grace Center for Adult Day Services

Analysis

Grace Center for Adult Day Services is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in December 1983, 43 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 Center for Adult Day Services reported income of $687k and spending of $849k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $767k to $687k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Center for Adult Day Services sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Senior Citizens Council of Madison County Inc ($687k), Haslett Child Development Center Inc ($687k) and Franklinton Gardens ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Other salaries and wages came to $543k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 29 employees.