Grace Clinic
EIN: 770592408 · Kennewick, WA · NTEE: E22
| Metric | Value |
|---|---|
| Total Revenue | $819K |
| Total Expenses | $1.1M |
| Net Assets | $599K |
Is Grace Clinic Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Clinic
Grace Clinic (EIN: 770592408) is a nonprofit organization based in Kennewick, WA, classified under NTEE code E22. The organization reported total revenue of $819K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Clinic's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Clinic is a small nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-58,155 |
| Total Assets | $606K |
| Total Liabilities | $7K |
| Net Assets | $599K |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Grace Clinic reported a deficit of $58K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Grace Clinic's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +25.0% | -8.0% |
| 2022 | -19.5% | +11.5% | -3.3% |
| 2021 | +45.3% | +18.1% | +70.3% |
| 2020 | +21.6% | +0.7% | +16.1% |
| 2019 | +6.3% | +7.8% | -8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Clinic has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grace Clinic with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Grace Clinic
Is Grace Clinic a legitimate charity?
Grace Clinic (EIN: 770592408) is a registered tax-exempt nonprofit based in Washington. It has 14 years of IRS 990 filings on record. Total revenue: $819K. No red flags identified. Financial health grade: B.
How does Grace Clinic spend its money?
Grace Clinic reported $819K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grace Clinic tax-deductible?
Grace Clinic is registered as a tax-exempt nonprofit (EIN: 770592408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grace Clinic located?
Grace Clinic is headquartered in Kennewick, Washington and files with the IRS under EIN 770592408. It is classified under NTEE code E22.
How many years of IRS 990 filings does Grace Clinic have?
Grace Clinic has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $819K in total revenue.
Filing History
IRS 990 filing history for Grace Clinic showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Grace Clinic's revenue has grown by 140.2%, moving from $417K to $1.0M. Total assets increased by 166.7% over the same period, from $227K to $606K. Total functional expenses rose by 109.6%, from $505K to $1.1M. In its most recent filing year (2023), Grace Clinic reported a deficit of $58K, with expenses exceeding revenue. The organization holds $7K in liabilities against $606K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $599K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $606K | $7K | — | — |
| 2022 | $836K | $848K | $659K | $2K | — | View 990 |
| 2021 | $1.0M | $761K | $682K | $12K | — | View 990 |
| 2020 | $714K | $644K | $400K | $8K | — | View 990 |
| 2019 | $587K | $639K | $345K | $23K | — | View 990 |
| 2018 | $552K | $593K | $378K | $3K | — | View 990 |
| 2017 | $564K | $539K | $429K | $13K | — | View 990 |
| 2016 | $423K | $443K | $441K | $51K | — | View 990 |
| 2015 | $437K | $428K | $495K | $85K | — | View 990 |
| 2014 | $447K | $431K | $537K | $136K | — | View 990 |
| 2013 | $431K | $439K | $551K | $166K | — | View 990 |
| 2012 | $643K | $493K | $599K | $206K | — | View 990 |
| 2011 | $509K | $478K | $253K | $9K | — | View 990 |
| 2010 | $417K | $505K | $227K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $606K (revenue +19.8% year-over-year).
- 2022: Revenue of $836K, expenses of $848K, and assets of $659K (revenue -19.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $761K, and assets of $682K (revenue +45.3% year-over-year).
- 2020: Revenue of $714K, expenses of $644K, and assets of $400K (revenue +21.6% year-over-year).
- 2019: Revenue of $587K, expenses of $639K, and assets of $345K (revenue +6.3% year-over-year).
- 2018: Revenue of $552K, expenses of $593K, and assets of $378K (revenue -2.0% year-over-year).
- 2017: Revenue of $564K, expenses of $539K, and assets of $429K (revenue +33.4% year-over-year).
- 2016: Revenue of $423K, expenses of $443K, and assets of $441K (revenue -3.4% year-over-year).
- 2015: Revenue of $437K, expenses of $428K, and assets of $495K (revenue -2.1% year-over-year).
- 2014: Revenue of $447K, expenses of $431K, and assets of $537K (revenue +3.7% year-over-year).
- 2013: Revenue of $431K, expenses of $439K, and assets of $551K (revenue -33.0% year-over-year).
- 2012: Revenue of $643K, expenses of $493K, and assets of $599K (revenue +26.3% year-over-year).
- 2011: Revenue of $509K, expenses of $478K, and assets of $253K (revenue +22.1% year-over-year).
- 2010: Revenue of $417K, expenses of $505K, and assets of $227K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Clinic:
Data Sources and Methodology
This transparency report for Grace Clinic is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.