Gracethrufaithcom Inc
Gracethrufaithcom Inc shows declining revenue and assets but maintains low liabilities and zero executive compensation.
EIN: 208849736 · Park City, UT · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $384K |
| Total Expenses | $415K |
| Program Spending | 85% |
| Net Assets | $153K |
| Transparency Score | 85/100 |
Is Gracethrufaithcom Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gracethrufaithcom Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gracethrufaithcom Inc
Gracethrufaithcom Inc (EIN: 208849736) is a nonprofit organization based in Park City, UT, classified under NTEE code X21. The organization reported total revenue of $384K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gracethrufaithcom Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gracethrufaithcom Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $413K |
| Total Expenses | $415K |
| Surplus / Deficit | $-2,023 |
| Total Assets | $165K |
| Total Liabilities | $12K |
| Net Assets | $153K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Gracethrufaithcom Inc reported a deficit of $2K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gracethrufaithcom Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.5% | -18.2% | -7.0% |
| 2022 | -14.0% | -17.6% | -7.1% |
| 2021 | +3.9% | +4.4% | -6.2% |
| 2020 | +54.1% | +36.0% | -14.5% |
| 2019 | +2.4% | +28.8% | -20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2007 |
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 Gracethrufaithcom Inc 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, Gracethrufaithcom Inc 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 deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to the organization's mission.
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 Gracethrufaithcom Inc's IRS 990 filings:
- Declining revenue trend in recent years
- Decreasing asset base over the last few periods
Strengths
The following positive indicators were identified for Gracethrufaithcom Inc:
- Consistent 0% officer compensation
- Low liabilities relative to assets
- Strong history of IRS 990 filings (13 filings)
- Expenses closely track revenue, indicating active program spending
Frequently Asked Questions about Gracethrufaithcom Inc
Is Gracethrufaithcom Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gracethrufaithcom Inc (EIN: 208849736) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Gracethrufaithcom Inc spend its money?
Gracethrufaithcom Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gracethrufaithcom Inc tax-deductible?
Gracethrufaithcom Inc is registered as a tax-exempt nonprofit (EIN: 208849736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gracethrufaithcom Inc's spending goes to programs?
Gracethrufaithcom Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gracethrufaithcom Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gracethrufaithcom Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gracethrufaithcom Inc located?
Gracethrufaithcom Inc is headquartered in Park City, Utah and files with the IRS under EIN 208849736. It is classified under NTEE code X21.
How many years of IRS 990 filings does Gracethrufaithcom Inc have?
Gracethrufaithcom Inc 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 $384K in total revenue.
Is Gracethrufaithcom Inc a good charity?
Based on the available financial data, Gracethrufaithcom Inc appears to be a well-managed organization with a strong commitment to its mission, evidenced by 0% officer compensation and consistent financial reporting. Its financial health is stable, though recent declines in revenue and assets should be noted.
How has Gracethrufaithcom Inc's revenue trended recently?
Gracethrufaithcom Inc's revenue has seen a decline in recent years, from a peak of $582,260 in 2021 to $413,232 in 2023.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries are paid to its executives.
Are Gracethrufaithcom Inc's assets growing or shrinking?
The organization's assets have generally been shrinking in recent years, from $203,490 in 2020 to $164,913 in 2023.
Filing History
IRS 990 filing history for Gracethrufaithcom Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gracethrufaithcom Inc's revenue has grown by 155.1%, moving from $162K to $413K. Total assets increased by 649.2% over the same period, from $22K to $165K. Total functional expenses rose by 157.6%, from $161K to $415K. In its most recent filing year (2023), Gracethrufaithcom Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $12K in liabilities against $165K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $153K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $413K | $415K | $165K | $12K | — | — |
| 2022 | $501K | $508K | $177K | $22K | — | View 990 |
| 2021 | $582K | $616K | $191K | $29K | — | View 990 |
| 2020 | $560K | $591K | $203K | $7K | — | View 990 |
| 2019 | $364K | $434K | $238K | $12K | — | View 990 |
| 2018 | $355K | $337K | $297K | $250 | — | View 990 |
| 2017 | $282K | $226K | $286K | $6K | — | View 990 |
| 2016 | $331K | $239K | $228K | $5K | — | View 990 |
| 2015 | $300K | $239K | $131K | $0 | — | View 990 |
| 2014 | $274K | $255K | $70K | $640 | — | View 990 |
| 2013 | $239K | $234K | $50K | $0 | — | View 990 |
| 2012 | $233K | $210K | $45K | $0 | — | View 990 |
| 2011 | $162K | $161K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $413K, expenses of $415K, and assets of $165K (revenue -17.5% year-over-year).
- 2022: Revenue of $501K, expenses of $508K, and assets of $177K (revenue -14.0% year-over-year).
- 2021: Revenue of $582K, expenses of $616K, and assets of $191K (revenue +3.9% year-over-year).
- 2020: Revenue of $560K, expenses of $591K, and assets of $203K (revenue +54.1% year-over-year).
- 2019: Revenue of $364K, expenses of $434K, and assets of $238K (revenue +2.4% year-over-year).
- 2018: Revenue of $355K, expenses of $337K, and assets of $297K (revenue +25.7% year-over-year).
- 2017: Revenue of $282K, expenses of $226K, and assets of $286K (revenue -14.7% year-over-year).
- 2016: Revenue of $331K, expenses of $239K, and assets of $228K (revenue +10.4% year-over-year).
- 2015: Revenue of $300K, expenses of $239K, and assets of $131K (revenue +9.4% year-over-year).
- 2014: Revenue of $274K, expenses of $255K, and assets of $70K (revenue +14.5% year-over-year).
- 2013: Revenue of $239K, expenses of $234K, and assets of $50K (revenue +2.5% year-over-year).
- 2012: Revenue of $233K, expenses of $210K, and assets of $45K (revenue +44.1% year-over-year).
- 2011: Revenue of $162K, expenses of $161K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gracethrufaithcom Inc:
Data Sources and Methodology
This transparency report for Gracethrufaithcom Inc 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.