Proclaiming Grace Outreach
EIN: 263540439 · Lanexa, VA · NTEE: P40
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $316K |
| Net Assets | $915K |
Is Proclaiming Grace Outreach Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Proclaiming Grace Outreach
Proclaiming Grace Outreach (EIN: 263540439) is a nonprofit organization based in Lanexa, VA, classified under NTEE code P40. The organization reported total revenue of $536K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Proclaiming Grace Outreach's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Proclaiming Grace Outreach is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $316K |
| Surplus / Deficit | +$52K |
| Total Assets | $915K |
| Total Liabilities | $64 |
| Net Assets | $915K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 34.7 months |
Financial Health Grade: A
In 2023, Proclaiming Grace Outreach reported a surplus of $52K with revenue exceeding expenses, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Proclaiming Grace Outreach's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +17.1% | +6.1% |
| 2022 | -1.9% | +16.8% | +9.6% |
| 2021 | +18.9% | +17.6% | +18.1% |
| 2020 | +28.6% | +5.5% | +16.7% |
| 2019 | -35.1% | +1.3% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Proclaiming Grace Outreach 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 Proclaiming Grace Outreach 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 surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Proclaiming Grace Outreach
Is Proclaiming Grace Outreach a legitimate charity?
Based on AI analysis of IRS 990 filings, Proclaiming Grace Outreach (EIN: 263540439) insufficient data. 0 red flags identified, 0 strengths noted.
How does Proclaiming Grace Outreach spend its money?
Detailed spending breakdown data is not yet available for Proclaiming Grace Outreach. Check back for updated IRS 990 analysis.
Are donations to Proclaiming Grace Outreach tax-deductible?
Proclaiming Grace Outreach is registered as a tax-exempt nonprofit (EIN: 263540439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Proclaiming Grace Outreach located?
Proclaiming Grace Outreach is headquartered in Lanexa, Virginia and files with the IRS under EIN 263540439. It is classified under NTEE code P40.
How many years of IRS 990 filings does Proclaiming Grace Outreach have?
Proclaiming Grace Outreach has 12 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 $536K in total revenue.
Filing History
IRS 990 filing history for Proclaiming Grace Outreach showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Proclaiming Grace Outreach's revenue has grown by 314.7%, moving from $89K to $368K. Total assets increased by 1333.6% over the same period, from $64K to $915K. Total functional expenses rose by 353.2%, from $70K to $316K. In its most recent filing year (2023), Proclaiming Grace Outreach reported a surplus of $52K, with revenue exceeding expenses. The organization holds $64 in liabilities against $915K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $915K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $316K | $915K | $64 | — | View 990 |
| 2022 | $345K | $270K | $862K | $10 | — | — |
| 2021 | $352K | $231K | $787K | $843 | — | View 990 |
| 2020 | $296K | $197K | $666K | $2K | — | View 990 |
| 2019 | $230K | $187K | $571K | $4K | — | View 990 |
| 2018 | $354K | $184K | $527K | $3K | — | View 990 |
| 2017 | $214K | $171K | $353K | $-2 | — | View 990 |
| 2016 | $198K | $121K | $312K | $2K | — | View 990 |
| 2015 | $187K | $99K | $235K | $2K | — | View 990 |
| 2014 | $141K | $89K | $145K | $0 | — | View 990 |
| 2013 | $105K | $74K | $94K | $267 | — | View 990 |
| 2012 | $89K | $70K | $64K | $723 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $316K, and assets of $915K (revenue +6.8% year-over-year).
- 2022: Revenue of $345K, expenses of $270K, and assets of $862K (revenue -1.9% year-over-year).
- 2021: Revenue of $352K, expenses of $231K, and assets of $787K (revenue +18.9% year-over-year).
- 2020: Revenue of $296K, expenses of $197K, and assets of $666K (revenue +28.6% year-over-year).
- 2019: Revenue of $230K, expenses of $187K, and assets of $571K (revenue -35.1% year-over-year).
- 2018: Revenue of $354K, expenses of $184K, and assets of $527K (revenue +65.8% year-over-year).
- 2017: Revenue of $214K, expenses of $171K, and assets of $353K (revenue +7.9% year-over-year).
- 2016: Revenue of $198K, expenses of $121K, and assets of $312K (revenue +5.9% year-over-year).
- 2015: Revenue of $187K, expenses of $99K, and assets of $235K (revenue +32.9% year-over-year).
- 2014: Revenue of $141K, expenses of $89K, and assets of $145K (revenue +33.9% year-over-year).
- 2013: Revenue of $105K, expenses of $74K, and assets of $94K (revenue +18.2% year-over-year).
- 2012: Revenue of $89K, expenses of $70K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Proclaiming Grace Outreach:
Data Sources and Methodology
This transparency report for Proclaiming Grace Outreach 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.