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New York · Nonprofit

GRACE INSTITUTE

GRACE INSTITUTE (New York) receives grants from 37 organizations whose IRS filings report $5,690,720 to it, the largest being SANTA MARIA FOUNDATION INC ($2,236,749). 25 of them have funded it in more than one year.

Revenue FY2024
$1.6M
Funders on record
37
Grants received
$5.7M
Net assets
$42M
25/37 repeat funderspeak grant-dependency 76%
01What it does

What Grace Institute does

Mission

Grace Institute (the "foundation") provides financial support to job training programs in new york city that enable women to achieve sustained, gainful employment. The foundation gives particular attention to the ongoing operation and viability of Grace Institute of new york, which assumed the foundation's historical operation role in new york city workforce development in october 2016.

As stated on its FY2024 Form 990.

Program

  1. Provided grants to deserving workforce development organizations in line with our mission.

    $2,155,743 spentof which $1,420,000 as grants
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $2,155,743.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($2.3M) Expenses 100 ($3.3M) Net assets 100 ($40M)2019 Revenue 79 ($1.8M) Expenses 101 ($3.3M) Net assets 104 ($42M)2020 Revenue 164 ($3.7M) Expenses 91 ($3.0M) Net assets 115 ($46M)2021 Revenue 107 ($2.4M) Expenses 97 ($3.2M) Net assets 122 ($49M)2022 Revenue 25 ($566k) Expenses 100 ($3.3M) Net assets 107 ($43M)2023 Revenue 58 ($1.3M) Expenses 95 ($3.1M) Net assets 106 ($43M)2024 Revenue 71 ($1.6M) Expenses 99 ($3.2M) Net assets 104 ($42M)
2018201920202021202220232024
Revenue (71)Expenses (99)Net assets (104)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $54M to $47M (−12%).

$45M
$47M
$52M
$54M
$47M
$47M
$46M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 7 reported years ran a deficit.

−$996k
’18
−$1.5M
’19
$746k
’20
−$747k
’21
−$2.7M
’22
−$1.8M
’23
−$1.6M
’24
2.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Pedro Mata

Chairman

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed4566888
Joined·+2+1+1+2+0+0
No longer listed·101000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 16 funders, grant income rose $246k → $391k.

8 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GRACE INSTITUTE’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GRACE INSTITUTE leans on a few funders — its largest provides 39% of grant income and the top three 56%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

39%
largest funder
56%
top three
~5
effective funders

Largest funder’s share by year: 2017 43% · 2018 36% · 2019 35% · 2020 79% · 2021 28% · 2022 25% · 2023 26% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

52% of GRACE INSTITUTE's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

86% of GRACE INSTITUTE's grant income comes from New York funders.

IL
NY
MA
NJ
CT
CA
NE
DE
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $996k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like GRACE INSTITUTE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

68% of spending goes to programs.

Program 68%Management 32%Fundraising 0%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for GRACE INSTITUTE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GRACE INSTITUTE?
GRACE INSTITUTE (New York) receives grants from 37 organizations whose IRS filings report $5,690,720 to it, the largest being SANTA MARIA FOUNDATION INC ($2,236,749). 25 of them have funded it in more than one year.
How many funders does GRACE INSTITUTE have?
IRS filings report 37 organizations giving $5,690,720 in grants to GRACE INSTITUTE, 25 of which have funded it in more than one year.
Who is the largest funder of GRACE INSTITUTE?
SANTA MARIA FOUNDATION INC is the largest funder on record, with $2,236,749 in grants. The full list of funders is on this page.
How can an organization like GRACE INSTITUTE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing