Grace International Childrens Foundation USA Inc

Analysis

Grace International Childrens Foundation USA Inc is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in February 2003, 23 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 International Childrens Foundation USA Inc reported income of $457k and spending of $508k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $589k to $457k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace International Childrens Foundation USA Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Comserv Foundation Founded by Wayne Williams ($457k), Loris Hands Inc ($457k) and Childrens Academy for Education and Learning Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $464k against liabilities of $0, net assets of $464k.