Grace Resource Ministries Inc
- Assets
- $893.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- Data as of
- 12/2022
- EIN
- 86-1405392
Organization Overview
Grace Resource Ministries Inc is located in Raleigh, NC. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Resource Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grace Resource Ministries Inc generated $2.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (32.4%) each year. All expenses for the organization totaled $2.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (39.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVISION OF HEALTH AND WELLNESS SUPPLIES AND TEACHING MATERIALS TO THE COMMUNITY
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,897 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,897 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $284 |
| Other expenses | $1,970 |
| Total expenses | $2,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $893 |
| Other assets | $0 |
| Total assets | $893 |
| Total liabilities | $0 |
| Net assets or fund balances | $893 |