GRACE - GIVING AND RECEIVING ASSISTANCE FOR OUR COMMUNITYS ESSENTIALS INC Charity Report

Public IRS 990 nonprofit record

GRACE - GIVING AND RECEIVING ASSISTANCE FOR OUR COMMUNITYS ESSENTIALS INC

EIN 85-1144186 · Food Banks & Pantries (K31)

What they do

GRACE MEETS COMMUNITY NEEDS WITH COMMUNITY RESOURCES to ENABLE THE GOOD HEALTH and SUCCESS of OUR VULNERABLE and UNDERSERVED NEIGHBORS.GRACE - GIVING and RECIEVING ASSISTANCE for OUR COMMUNITYS ESSENTIALS INC. ITS SPECIFIC PURPOSE is to MEET THE BASIC NEEDS of UNDERSERVED INDIVIDUALS and THEIR FAMILIES IN SUMMIT, NJ and THE SURROUNDING COMMUNITIES WITH HOUSEHOLD ITEMS, FOOD, EDUCATION, REFERRALS, and COMMUNITY SUPPORT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

60.47%of revenue went to mission work77.2% of expenses · Program services

10.97%of revenue went to fundraising14.0% of expenses

$48.34spent for every $100 of revenueRevenue covered expenses this year.

6.91%of revenue went to management and office costs8.8% of expenses

$3.01in assets for every $1 spent this yearSome assets cannot be spent right away.

57.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$557,055

Mission workProgram services$336,82860.47% of revenue77.2% of expenses

ManagementOffice and general costs$38,4756.91% of revenue8.8% of expenses

FundraisingAsking for donations$61,10410.97% of revenue14.0% of expenses

Revenue left after expensesReported annual surplus$120,64821.66% of revenueShown in gray on the chart

Total expenses$436,40778.34% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.2% mission · 8.8% management · 14.0% fundraisingTotal expenses: 78.34% of revenue

2023Expense mix: 71.3% mission · 5.8% management · 22.9% fundraisingTotal expenses: 57.54% of revenue

2022Expense mix: 93.2% mission · 6.8% management · 0.0% fundraisingTotal expenses: 67.07% of revenue

2021Expense mix: 86.5% mission · 11.9% management · 1.6% fundraisingTotal expenses: 66.24% of revenue

2020Expense mix: 91.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 16.89% of revenue

Money in and money out

Revenue$902,847

Expenses$436,407

Annual surplus $466,440 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$336,828 · 77.2% of expenses

Management and office costs$38,475 · 8.8% of expenses

Fundraising$61,104 · 14.0% of expenses

See all reported dollar amounts

Revenue$902,847

Expenses$436,407

Assets$1,312,479

Income$963,972

Contributions$522,685

Mission work (program services)$336,828

Fundraising$61,104

Management and general$38,475

Stocks and bonds$491,719

Accounting fees$4,850

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (6)

AMANDA PARRISH BLOCKFOUNDER

ANDREA CASERTABOARD MEMBER

APOLLO HREHOROVICHPRESIDENT

BRIAN ANGLETREASURER

CHRISTINE SEMCERSECRETARY

LILLIAN CHERNBOARD MEMBER

About this charity

Recognized since: January 2020
Location: SUMMIT COMM CTR 100 MORRIS AVE, SUMMIT, NJ 07901-0000
County: Union
In care of: % AMANDA PARRISH BLOCK
Primary officer: BRIAN ANGLE, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@gracegivingreceiving.org Phone(908) 259-4744

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JAMES M WOOD CPA
NTEE classification: Food Banks & Pantries (K31)
IRS tax category: Food Banks & Pantries