Gracious Hands Transitional Housing For Women And Children
EIN: 454479264 · Charlotte, NC · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $411K |
| Total Expenses | $197K |
| Net Assets | $980K |
Is Gracious Hands Transitional Housing For Women And Children Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gracious Hands Transitional Housing For Women And Children
Gracious Hands Transitional Housing For Women And Children (EIN: 454479264) is a nonprofit organization based in Charlotte, NC, classified under NTEE code L41. The organization reported total revenue of $411K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gracious Hands Transitional Housing For Women And Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gracious Hands Transitional Housing For Women And Children is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $197K |
| Surplus / Deficit | $-16,184 |
| Total Assets | $985K |
| Total Liabilities | $5K |
| Net Assets | $980K |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 59.9 months |
Financial Health Grade: B
In 2023, Gracious Hands Transitional Housing For Women And Children reported a deficit of $16K with expenses exceeding revenue, holds 59.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 5 years of filings (2018–2023), Gracious Hands Transitional Housing For Women And Children's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.1% | -30.7% | +86.2% |
| 2022 | -0.7% | +212.3% | +41.5% |
| 2020 | +960.4% | +124.3% | +113.6% |
| 2019 | -87.4% | +44.9% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gracious Hands Transitional Housing For Women And Children 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 Gracious Hands Transitional Housing For Women And Children 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Gracious Hands Transitional Housing For Women And Children
Is Gracious Hands Transitional Housing For Women And Children a legitimate charity?
Gracious Hands Transitional Housing For Women And Children (EIN: 454479264) is a registered tax-exempt nonprofit based in North Carolina. It has 5 years of IRS 990 filings on record. Total revenue: $411K. No red flags identified. Financial health grade: B.
How does Gracious Hands Transitional Housing For Women And Children spend its money?
Gracious Hands Transitional Housing For Women And Children reported $411K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gracious Hands Transitional Housing For Women And Children tax-deductible?
Gracious Hands Transitional Housing For Women And Children is registered as a tax-exempt nonprofit (EIN: 454479264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gracious Hands Transitional Housing For Women And Children located?
Gracious Hands Transitional Housing For Women And Children is headquartered in Charlotte, North Carolina and files with the IRS under EIN 454479264. It is classified under NTEE code L41.
How many years of IRS 990 filings does Gracious Hands Transitional Housing For Women And Children have?
Gracious Hands Transitional Housing For Women And Children has 5 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 $411K in total revenue.
Filing History
IRS 990 filing history for Gracious Hands Transitional Housing For Women And Children showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Gracious Hands Transitional Housing For Women And Children's revenue has declined by 16.2%, moving from $216K to $181K. Total assets increased by 422.9% over the same period, from $188K to $985K. Total functional expenses rose by 603.1%, from $28K to $197K. In its most recent filing year (2023), Gracious Hands Transitional Housing For Women And Children reported a deficit of $16K, with expenses exceeding revenue. The organization holds $5K in liabilities against $985K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $980K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $197K | $985K | $5K | — | View 990 |
| 2022 | $288K | $285K | $529K | $0 | — | — |
| 2020 | $290K | $91K | $374K | $0 | — | View 990 |
| 2019 | $27K | $41K | $175K | $0 | — | View 990 |
| 2018 | $216K | $28K | $188K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $197K, and assets of $985K (revenue -37.1% year-over-year).
- 2022: Revenue of $288K, expenses of $285K, and assets of $529K (revenue -0.7% year-over-year).
- 2020: Revenue of $290K, expenses of $91K, and assets of $374K (revenue +960.4% year-over-year).
- 2019: Revenue of $27K, expenses of $41K, and assets of $175K (revenue -87.4% year-over-year).
- 2018: Revenue of $216K, expenses of $28K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gracious Hands Transitional Housing For Women And Children:
Data Sources and Methodology
This transparency report for Gracious Hands Transitional Housing For Women And Children 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.