Grace Resources Inc
Only null% goes to programs Strong reserves Declining revenue
Grace Resources Inc is a 501(c)(3) organization based in Lancaster, California, registered in 1991, with $838,678 in FY2024 revenue. CharityIndex grades it B.
45134 Sierra Hwy, Lancaster, CA, 93534 EIN 95-4309251 Since 1991
Revenue (FY2024)
$839K
▼ 13.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$831K
Net assets
$1.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Grace Resources Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Grace Resources Inc: 15 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Grace Resources Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Grace Resources Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 45134 Sierra Hwy, Lancaster, CA, 93534
- City
- Lancaster
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Temporary Housing & Shelters
- Website
- …
Financial trends
Revenue declined from $1.5M (FY2013) to $839K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $129KNet assets $1.0M
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$129K
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $838,678▼13.9% | $831,250▲0.8% | $1,011,192▲0.7% | $1,140,083 | 990 |
| 2023 | $974,282▲34.1% | $824,670▲11.7% | $1,003,764▲17.5% | $1,140,028▲14.8% | 990 |
| 2022 | $726,636▼40.6% | $738,299▼16.3% | $854,152▼1.3% | $992,700▼1.9% | 990 |
| 2021 | $1,223,892▲13.5% | $882,164▲6.1% | $865,815▲2.5% | $1,012,388▲3.4% | 990 |
| 2020 | $1,077,883▲9.4% | $831,767▼5.0% | $844,508▲78.0% | $979,335▲57.9% | 990 |
| 2019 | $985,347▼14.5% | $875,125▼20.0% | $474,392▲30.3% | $620,099▲22.4% | 990 |
| 2018 | $1,152,900▼30.6% | $1,093,451▼36.4% | $364,114▲19.7% | $506,473▲0.1% | 990 |
| 2017 | $1,660,100▼19.6% | $1,718,718▼17.0% | $304,128▼16.2% | $506,044▼1.8% | 990 |
| 2016 | $2,065,929▲13.6% | $2,070,001▲9.2% | $362,746▼1.1% | $515,166▼5.3% | 990 |
| 2015 | $1,818,977▼4.4% | $1,896,111▲5.0% | $366,813▼17.4% | $543,718▼10.9% | 990 |
| 2014 | $1,903,335▲24.6% | $1,806,465▲22.3% | $443,937▲27.9% | $610,181▲16.4% | 990 |
| 2013 | $1,527,585 | $1,476,583▲4.7% | $347,068▲17.2% | $524,327▲9.7% | 990 |
| 2012 | — | $1,410,924▲16.6% | $296,067▼18.0% | $477,759▼13.3% | 990 |
| 2011 | — | $1,210,409▲51.3% | $361,252▲24.0% | $551,128▲84.5% | 990 |
| 2010 | — | $800,196 | $291,315 | $298,671 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $299K total
17 grants to Grace Resources Inc totaling $299K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $13,085 |
| Charities Aid Foundation America | Charitable donation | 2023 | $5,553 |
| Network For Good Inc | Unrestricted | 2023 | $5,207 |
| California Community Foundation | Health | 2022 | $110,000 |
| Network For Good Inc | Unrestricted | 2022 | $5,902 |
| The Blackbaud Giving Fund | General support | 2022 | $5,216 |
| Kaiser Foundation Hospitals | Feeding the antelope valley | 2021 | $30,000 |
| Network For Good Inc | Unrestricted | 2021 | $8,980 |
| Childrens Hunger Fund | Relief | 2020 | $28,266 |
| Network For Good Inc | Unrestricted | 2020 | $12,983 |
| Network For Good Inc | Unrestricted | 2019 | $5,452 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $10,000 |
| Thrivent Financial For Lutherans | General support | 2015 | $7,006 |
| Morgan Stanley Global Impact Funding Trust Inc | General support | 2015 | — |
| United Way Inc | Housing | 2014 | $29,250 |
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Frequently asked questions
- Is Grace Resources Inc a legitimate nonprofit?
- Yes. Grace Resources Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4309251, based in Lancaster, California. Donations are tax-deductible.
- What is Grace Resources Inc's EIN?
- Grace Resources Inc's Employer Identification Number (EIN) is 95-4309251.
- How much revenue does Grace Resources Inc report?
- Grace Resources Inc reported $838,678 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Grace Resources Inc have?
- CharityIndex grades Grace Resources Inc B, based on financial health (reserves and operating margin).
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Data for Grace Resources Inc (EIN 95-4309251) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.