In Grace Mission
Analysis
In Grace Mission is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, In Grace Mission reported income of $309k and spending of $345k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $357k to $309k (-14%), an average of -3.6% a year. Over the whole period it spent 85% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, In Grace Mission sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Midland Soup Kitchen Ministry ($309k), Freedom Folk and Soul Inc Rising ($309k) and Volusia Interfaith Agencies Networking in Disaster ($309k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (4.8% of expenses). Other salaries and wages came to $6,000. At year end it held assets of $611k against liabilities of $1,452, net assets of $609k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Midland Soup Kitchen Ministry | Midland | $309k |
| Freedom Folk and Soul Inc Rising | Madison | $309k |
| Volusia Interfaith Agencies Networking in Disaster | Daytona Beach | $309k |
| Iglesia de Dios Camino de Santidad Canoga Park | Canoga Park | $309k |