Financial Information for Grace Ministries INC

Grace Ministries INC's annual revenue was $144K in tax year 2024, reported on their IRS Form 990. They spent $131K in total expenses. 97% went to programs and services.

Financial Breakdown

What is Grace Ministries INC's total annual expenses?

Grace Ministries INC spent $131K in tax year 2024, according to their IRS Form 990 filing.

How much of Grace Ministries INC's budget goes to programs?

Grace Ministries INC spent $127K (97% of expenses) on programs and services in tax year 2024.

How much does Grace Ministries INC spend on overhead?

Grace Ministries INC's overhead in tax year 2024 includes administrative (2%) and fundraising (2%) of their expenses.

What is Grace Ministries INC's net worth?

Grace Ministries INC had net assets of $15K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.