Grace Giving and Receiving Assistance for Our Communitys Esse
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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 COMMUNITY'S 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.
- Income
- $902,847
- Spending
- $644,088
- Spent on programs
- 78%
- Reserves
- 22 months of spending
- Largest source of income
- donations and private grants, 80%
- Employees
- 8
- Volunteers
- 170
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 81% of charities in its peer group (food and agriculture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 22.0 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 29% of income.
Income trend
15 of 15Income rose 62% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 92 out of 100. Higher than 90% of charities in its peer group (food and agriculture, $250k to $1m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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 December 31, 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)
- $497,192 spent. WEEKLY DISTRIBUTION:A WEEKLY FOOD PANTRY WHERE WE DISTRIBUTE FRESH, NUTRIENT-DENSE FOODS SUCH AS FRUITS, VEGETABLES, MILK, EGGS, BREAD, PROTEIN AS WELL AS SHELF-STABLE FOODS.IN ADDITION WE PROVIDE ESSENTIAL ITEMS: TOILET PAPER, DIAPERS AND WIPES, PERIOD PRODUCTS, LAUNDRY DETERGENT, HYGIENE SUPPLIES, AND SOCKS. THROUGHOUT THE YEAR GRACE PROVIDES ESSENTIAL SEASONAL ITEMS: WINTER COATS, GLOVES AND HATS, COSTUMES FOR HALLOWEEN CELEBRATIONS, BACKPACKS,AND SCHOOL SUPPLIES, HOUSEHOLD ITEMS, CARSEATSAND BABY SUPPLY, BOARD GAMES AND GIFTS FOR THE HOLIDAY SEASON.
- $1,813 spent. PERSONAL ENRICHMENT, HEALTH AWARENESS AND MEDICAL CARE EVENTS:WE LEVERAGE OUR RELATIONSHIP WITH LOCAL INSTITUTIONS WHO OFFER MEDICAL SCREENINGS AND FOLLOW-UP CARE, PREVENTATIVE MEDICINE WITH APPROPRIATE VACCINATIONS, ADULT AND PEDIATRIC DENTAL SCREENINGS AND CARE, CAREER GUIDANCE, BENEFITS ASSISTANCE, AND ARTS AND FITNESS ENRICHMENT PROGRAMS.
Source: Form 990 for the year ending December 31, 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 December 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 July 2020.
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.