Priceless Grace Ministries
- Assets
- $37.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Zebulon, NC
- Founding
- 02/2020
- Data as of
- 12/2021
- EIN
- 84-1748006
Organization Overview
Priceless Grace Ministries is located in Zebulon, NC. The organization was established in 2020. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Priceless Grace Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Priceless Grace Ministries generated $140.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $129.3k during the year ending 12/2021. While expenses have increased by 21.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO AID THE PEOPLE OF HAITI AND SPREAD THE GOSPEL OF JESUS CHRIST
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,663 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,664 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,872 |
| Professional fees and other payments to independent contractors | $4,605 |
| Occupancy, rent, utilities, and maintenance | $17,360 |
| Printing, publications, postage, and shipping | $2,073 |
| Other expenses | $78,395 |
| Total expenses | $129,305 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,413 |
| Other assets | $0 |
| Total assets | $37,413 |
| Total liabilities | $399 |
| Net assets or fund balances | $37,014 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Priceless Grace Ministries has recieved totaling $182.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |