Grace Institute
Grace Institute consistently operates near break-even with no reported officer compensation.
EIN: 200529892 · Portland, OR · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $623K |
| Total Expenses | $660K |
| Program Spending | 85% |
| Net Assets | $106K |
| Transparency Score | 85/100 |
Is Grace Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grace Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grace Institute
Grace Institute (EIN: 200529892) is a nonprofit organization based in Portland, OR, classified under NTEE code A20. The organization reported total revenue of $623K and total assets of $171K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Institute is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $660K |
| Total Expenses | $660K |
| Surplus / Deficit | +$9 |
| Total Assets | $117K |
| Total Liabilities | $11K |
| Net Assets | $106K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 2.1 months |
Financial Health Grade: B
In 2023, Grace Institute reported a surplus of $9 with revenue exceeding expenses, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grace Institute's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | -1.4% | -23.0% |
| 2022 | +9.4% | +10.0% | +24.6% |
| 2021 | +728.4% | +249.0% | -68.0% |
| 2020 | -86.5% | -63.2% | +91.3% |
| 2019 | +23.4% | +2.3% | +39.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grace Institute with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Grace Institute allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.6%.
Executive Compensation Analysis
Grace Institute consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size and suggests a volunteer-led executive structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Grace Institute's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting full efficiency analysis.
Strengths
The following positive indicators were identified for Grace Institute:
- Consistent near break-even operations, indicating efficient use of funds.
- 0% officer compensation reported across all filings, demonstrating strong commitment to mission over executive pay.
- Stable financial history with consistent revenue generation over the past decade.
- Positive net assets, indicating financial solvency.
Frequently Asked Questions about Grace Institute
Is Grace Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Institute (EIN: 200529892) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Grace Institute spend its money?
Grace Institute directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grace Institute tax-deductible?
Grace Institute is registered as a tax-exempt nonprofit (EIN: 200529892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grace Institute's spending goes to programs?
Grace Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grace Institute compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Grace Institute is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grace Institute located?
Grace Institute is headquartered in Portland, Oregon and files with the IRS under EIN 200529892. It is classified under NTEE code A20.
How many years of IRS 990 filings does Grace Institute have?
Grace Institute has 13 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 $623K in total revenue.
Is Grace Institute a good charity?
Based on the available IRS 990 data, Grace Institute appears to be a well-managed charity with a strong commitment to its mission, as evidenced by its consistent near break-even operations and 0% officer compensation. However, a detailed breakdown of program spending would provide a more complete picture.
How does Grace Institute manage its expenses?
Grace Institute consistently manages its expenses very closely to its revenue. For example, in 2023, expenses were $659,695 against revenues of $659,704, indicating a highly efficient operation that spends nearly all its income annually.
What is the trend in Grace Institute's assets?
Grace Institute's assets have shown fluctuations but a general upward trend over the past decade, increasing from $95,405 in 2014 to $116,992 in 2023, indicating a stable and growing financial foundation, despite a dip in 2023 from 2022's $152,018.
Filing History
IRS 990 filing history for Grace Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grace Institute's revenue has grown by 110.4%, moving from $314K to $660K. Total assets increased by 136.3% over the same period, from $50K to $117K. Total functional expenses rose by 115.7%, from $306K to $660K. In its most recent filing year (2023), Grace Institute reported a surplus of $9, with revenue exceeding expenses. The organization holds $11K in liabilities against $117K in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $660K | $660K | $117K | $11K | — | View 990 |
| 2022 | $700K | $669K | $152K | $259 | — | View 990 |
| 2021 | $640K | $608K | $122K | $20K | — | — |
| 2020 | $77K | $174K | $381K | $320K | — | View 990 |
| 2019 | $572K | $474K | $199K | $1K | — | View 990 |
| 2018 | $463K | $463K | $143K | $1K | — | View 990 |
| 2017 | $457K | $452K | $152K | $7K | — | View 990 |
| 2016 | $415K | $411K | $139K | $7K | — | View 990 |
| 2015 | $398K | $398K | $99K | $351 | — | View 990 |
| 2014 | $435K | $404K | $95K | $4K | — | View 990 |
| 2013 | $418K | $379K | $72K | $11K | — | View 990 |
| 2012 | $359K | $355K | $44K | $4K | — | View 990 |
| 2011 | $314K | $306K | $50K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $660K, expenses of $660K, and assets of $117K (revenue -5.8% year-over-year).
- 2022: Revenue of $700K, expenses of $669K, and assets of $152K (revenue +9.4% year-over-year).
- 2021: Revenue of $640K, expenses of $608K, and assets of $122K (revenue +728.4% year-over-year).
- 2020: Revenue of $77K, expenses of $174K, and assets of $381K (revenue -86.5% year-over-year).
- 2019: Revenue of $572K, expenses of $474K, and assets of $199K (revenue +23.4% year-over-year).
- 2018: Revenue of $463K, expenses of $463K, and assets of $143K (revenue +1.3% year-over-year).
- 2017: Revenue of $457K, expenses of $452K, and assets of $152K (revenue +10.1% year-over-year).
- 2016: Revenue of $415K, expenses of $411K, and assets of $139K (revenue +4.4% year-over-year).
- 2015: Revenue of $398K, expenses of $398K, and assets of $99K (revenue -8.4% year-over-year).
- 2014: Revenue of $435K, expenses of $404K, and assets of $95K (revenue +4.0% year-over-year).
- 2013: Revenue of $418K, expenses of $379K, and assets of $72K (revenue +16.5% year-over-year).
- 2012: Revenue of $359K, expenses of $355K, and assets of $44K (revenue +14.4% year-over-year).
- 2011: Revenue of $314K, expenses of $306K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Institute:
Data Sources and Methodology
This transparency report for Grace Institute 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.