His Grace Foundation

His Grace Foundation maintains strong assets and no liabilities, with consistent program focus and zero officer compensation.

EIN: 200585227 · Houston, TX · NTEE: P20 · Updated: 2026-03-28

$1.3MRevenue
$2.8MAssets
90/100Mission Score (Excellent)
P20
His Grace Foundation Financial Summary
MetricValue
Total Revenue$1.3M
Total Expenses$799K
Program Spending85%
CEO/Top Officer Pay$750,000
Net Assets$2.2M
Transparency Score90/100

Is His Grace Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

His Grace Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About His Grace Foundation

His Grace Foundation (EIN: 200585227) is a nonprofit organization based in Houston, TX, classified under NTEE code P20. The organization reported total revenue of $1.3M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of His Grace Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

His Grace Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$759K
Total Expenses$799K
Surplus / Deficit$-40,060
Total Assets$2.2M
Net Assets$2.2M
Operating Margin-5.3%
Months of Reserves33.0 months

Financial Health Grade: B

In 2023, His Grace Foundation reported a deficit of $40K with expenses exceeding revenue, holds 33.0 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), His Grace Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-4.7%+24.7%+4.5%
2022-18.6%-11.6%-1.7%
2021+69.0%+51.7%+11.3%
2020+9.2%-5.4%+8.3%
2019-13.4%-19.1%+6.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

His Grace Foundation demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $2,194,939 in 2023. The organization has maintained a healthy reserve, with no reported liabilities across all available filings, indicating strong financial management and a low-risk profile. While revenue has fluctuated, notably a peak of $1,618,184 in 2015 followed by a more recent range of $750,000-$970,000, the organization has consistently managed its expenses, often operating with a surplus. For instance, in 2022, revenue was $796,171 against expenses of $640,224. Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, suggesting that resources are primarily directed towards programmatic activities and operational costs rather than executive salaries. The absence of liabilities further reinforces efficient cash flow management. The organization's transparency is commendable, with 13 filings available, providing a comprehensive historical view of its financial activities. However, the 2023 filing shows expenses ($798,657) exceeding revenue ($758,597), resulting in a deficit for that year. While not a significant concern given the substantial assets, it's a point to monitor. Overall, His Grace Foundation appears to be a well-managed and transparent organization, effectively utilizing its resources to achieve its mission, as evidenced by its consistent asset growth and lack of debt.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates His Grace Foundation with a Mission Score of 90 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, His Grace Foundation 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:

$759KTotal Revenue
$799KTotal Expenses
$2.2MTotal Assets
$2.2MNet Assets
  • The organization reported a deficit of $40K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $750,000 in annual revenue.

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 His Grace Foundation's IRS 990 filings:

  • Expenses exceeded revenue in 2023 ($798,657 vs. $758,597), resulting in a deficit for that year.
  • Consistent 0% officer compensation is unusual for an organization of this size and could indicate unclassified compensation or a fully volunteer-led executive team, which warrants further inquiry for clarity.

Strengths

The following positive indicators were identified for His Grace Foundation:

  • Consistent asset growth, reaching $2,194,939 in 2023, demonstrating strong financial stability.
  • Zero reported liabilities across all 13 filings, indicating excellent financial management and no debt.
  • Consistent reporting of 0% officer compensation, suggesting a high proportion of funds are directed towards programmatic activities.
  • Extensive filing history (13 filings) provides strong transparency and a clear financial track record.
  • Generally operates with a surplus, indicating effective expense management (except for 2023).

Frequently Asked Questions about His Grace Foundation

Is His Grace Foundation a legitimate charity?

His Grace Foundation (EIN: 200585227) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 5 strengths noted. Financial health grade: B.

How does His Grace Foundation spend its money?

His Grace Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to His Grace Foundation tax-deductible?

His Grace Foundation is registered as a tax-exempt nonprofit (EIN: 200585227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the His Grace Foundation CEO make?

His Grace Foundation's highest-compensated officer earns $750,000 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of His Grace Foundation's spending goes to programs?

His Grace Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does His Grace Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), His Grace Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is His Grace Foundation located?

His Grace Foundation is headquartered in Houston, Texas and files with the IRS under EIN 200585227. It is classified under NTEE code P20.

How many years of IRS 990 filings does His Grace Foundation have?

His Grace Foundation 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 $1.3M in total revenue.

Is His Grace Foundation a good charity?

Based on the available IRS 990 data, His Grace Foundation appears to be a good charity. It demonstrates strong financial health with growing assets and no liabilities, indicating responsible financial management. The consistent 0% officer compensation suggests a high dedication to its mission, with resources likely directed towards programs. However, the 2023 deficit should be monitored.

How does His Grace Foundation manage its expenses?

His Grace Foundation generally manages its expenses effectively, often operating with a surplus. For example, in 2022, expenses were $640,224 against revenues of $796,171. The organization has also consistently reported no liabilities, indicating strong cash flow and debt-free operations.

What is the trend in His Grace Foundation's revenue?

His Grace Foundation's revenue has fluctuated over the years. It saw a significant peak of $1,618,184 in 2015, then stabilized in the $500,000-$700,000 range for several years, before increasing to $758,597 in 2023. The latest revenue of $1,266,622 (latest available data point) suggests a recent increase from the 2023 filing period.

Does His Grace Foundation have any debt?

No, His Grace Foundation has consistently reported $0 in liabilities across all 13 available IRS 990 filings, indicating that the organization operates debt-free.

Filing History

IRS 990 filing history for His Grace Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), His Grace Foundation's revenue has grown by 207.2%, moving from $247K to $759K. Total assets increased by 935% over the same period, from $212K to $2.2M. Total functional expenses rose by 205.6%, from $261K to $799K. In its most recent filing year (2023), His Grace Foundation reported a deficit of $40K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $759K $799K $2.2M $0
2022 $796K $640K $2.1M $0 View 990
2021 $978K $724K $2.1M $0
2020 $579K $477K $1.9M $0 View 990
2019 $530K $505K $1.8M $0 View 990
2018 $612K $623K $1.7M $0 View 990
2017 $622K $568K $1.7M $0
2016 $638K $484K $1.6M $0 View 990
2015 $1.6M $459K $1.5M $0 View 990
2014 $453K $459K $317K $0 View 990
2013 $442K $453K $325K $2K View 990
2012 $462K $340K $335K $2K View 990
2011 $247K $261K $212K $1K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $759K, expenses of $799K, and assets of $2.2M (revenue -4.7% year-over-year).
  • 2022: Revenue of $796K, expenses of $640K, and assets of $2.1M (revenue -18.6% year-over-year).
  • 2021: Revenue of $978K, expenses of $724K, and assets of $2.1M (revenue +69.0% year-over-year).
  • 2020: Revenue of $579K, expenses of $477K, and assets of $1.9M (revenue +9.2% year-over-year).
  • 2019: Revenue of $530K, expenses of $505K, and assets of $1.8M (revenue -13.4% year-over-year).
  • 2018: Revenue of $612K, expenses of $623K, and assets of $1.7M (revenue -1.6% year-over-year).
  • 2017: Revenue of $622K, expenses of $568K, and assets of $1.7M (revenue -2.5% year-over-year).
  • 2016: Revenue of $638K, expenses of $484K, and assets of $1.6M (revenue -60.6% year-over-year).
  • 2015: Revenue of $1.6M, expenses of $459K, and assets of $1.5M (revenue +257.2% year-over-year).
  • 2014: Revenue of $453K, expenses of $459K, and assets of $317K (revenue +2.4% year-over-year).
  • 2013: Revenue of $442K, expenses of $453K, and assets of $325K (revenue -4.3% year-over-year).
  • 2012: Revenue of $462K, expenses of $340K, and assets of $335K (revenue +87.2% year-over-year).
  • 2011: Revenue of $247K, expenses of $261K, and assets of $212K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for His Grace Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for His Grace Foundation 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.

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