Words of Grace & Truth is a 501(c)(3) organization based in Plano, Texas, registered in 2011, with $79,664 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$80K
▼ 36.7% vs prior year
Religion median: $139K
Expenses (FY2024)
$81K
Net assets
-$154K
Employees
—
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 Words of Grace & Truth— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Words of Grace & Truth: 0 mo reserves · -1% margin earns a F on this criterion. See the exact thresholds →
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 Words of Grace & Truth— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Words of Grace & Truth: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $83K (FY2019) to $80K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-1.1%
Spent more than it raised in the latest fiscal year.
Total assets
$7,387
Total liabilities
$162K
Net assets
-$154K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,664▼36.7% | $80,549▼44.0% | -$154,445▼0.4% | $7,387▼42.5% | 990EZ |
| 2023 | $125,755▲6.5% | $143,923▲5.8% | -$153,875▼13.4% | $12,843▼66.6% | 990EZ |
| 2022 | $118,030▲26.4% | $135,981▼16.3% | -$135,707▼15.2% | $38,493▼20.4% | 990EZ |
| 2021 | $93,364▼0.3% | $162,397▲24.3% | -$117,756▼142% | $48,344▲1324% | 990EZ |
| 2020 | $93,677▲12.2% | $130,658▲55.5% | -$48,723▼8089% | $3,394▲58.9% | 990EZ |
| 2019 | $83,456 | $84,051 | -$595 | $2,136 | 990EZ |
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.
1 grant to Words of Grace & Truth totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Religion | 2023 | $17,500 |
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Data for Words of Grace & Truth (EIN 45-2403754) 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.