Grace Network of Martinsville & Henry Co Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Grace Network is a first-stop center of resources for residents of Martinsville and Henry County where essential life needs and referrals are provided by caring volunteers building a stronger community.
- Income
- $535,548
- Spending
- $591,933
- Spent on programs
- 91%
- Reserves
- 12 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 2
- Volunteers
- 535
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100. Higher than 75% of charities in its peer group (human services, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 12.0 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
4 of 15Spending exceeded income by 11% of income.
Income trend
15 of 15Income rose 2% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 94% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $314,318 spent. Center for resources for residents of Martinsville and Henry County where essential life needs and referrals are provided. Cash donations are used to pay directly the service providers of rent, utilities, mortgages, prescriptions and home weatherization. 2,907 clients requested assistance and 1,115 of that number received help in the amount of $236,724 (actual cash expended for utilities, etc). Total program expense was $314,318.
- $224,219 spent. Center for resources for residents of Martinsville and Henry County where essential life needs and referrals are provided. Our food pantry accepts non-cash donations of food and hygiene items. A total of 1,246 households comprised of 2,490 individuals were provided with $165,866 items of food from the food pantry. Total program expense was $224,219.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.