Skip to content

New Jersey · Nonprofit

GRACE PROJECT INC

GRACE PROJECT INC (New Jersey) receives grants from 7 organizations whose IRS filings report $334,238 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($126,000). 4 of them have funded it in more than one year.

Revenue FY2024
$100k
Funders on record
7
Grants received
$334k
Net assets
$65k
4/7 repeat funderspeak grant-dependency 96%
01What it does

What Grace Project Inc does

Mission

The grace project inspires financial independence for kenyan families through education, health care, and vocational agricultural training.

As stated on its FY2024 Form 990-EZ.

Program

  1. The GRACE Academic Center is a co-ed day school with about 150 students and is a government registered school with 100% certified teachers. The school provides a high quality education, nutritious meals, and basic health care to local disadvantaged children in Kisii, Kenya. The school has achieved a 100% passing level on the high school entrance exam and repeatedly scores among the top schools in the county. The school has implemented STEM programs and collaborates on reading programs with other schools in the U.S. and in Kenya. The GRACE Health & Nutrition Center through an on-staff certified nurse practitioner, focuses on preventative care, nutrition education, life-skills, and sexual and reproductive health programs for students and the local community. The Health & Nutrition Center is still in early phases of development. We hope to one day, through partnership or independently, provide visiting doctors and dentists once per month for both the students and the local community. The

    $74,401 spent
    100% of program spending

The program described on its FY2023 Form 990-EZ. Program spending in total: $74,401.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($40k) Expenses 100 ($32k) Net assets 100 ($15k)2019 Revenue 162 ($65k) Expenses 243 ($77k) Net assets 75 ($11k)2020 Revenue 164 ($66k) Expenses 195 ($62k) Net assets 104 ($16k)2021 Revenue 261 ($105k) Expenses 276 ($88k) Net assets 219 ($33k)2022 Revenue 211 ($85k) Expenses 273 ($87k) Net assets 209 ($32k)2023 Revenue 199 ($80k) Expenses 234 ($74k) Net assets 247 ($38k)2024 Revenue 248 ($100k) Expenses 230 ($73k) Net assets 424 ($65k)
2017201920202021202220232024
Revenue (248)Expenses (230)Net assets (424)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $38k to $65k (+72%).

$15k
$11k
$16k
$33k
$32k
$38k
$65k
2017201920202021202220232024
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.

2017
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of GRACE PROJECT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$9k
’17
−$12k
’19
$4k
’20
$18k
’21
−$2k
’22
$6k
’23
$27k
’24

Leadership and staff

Chief executive

Joseph Matara

Executive director

As listed on its FY2023 Form 990-EZ.

03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $21k → $77k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% 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 PROJECT INC’s funders (the co-funder graph). Top 6 of 7 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 PROJECT INC leans on a few funders — its largest provides 38% of grant income and the top three 95%; half comes from just 2 funders.

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

40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GRACE PROJECT INC.

38%
largest funder
95%
top three
~3
effective funders

Largest funder’s share by year: 2018 70% · 2019 100% · 2020 100% · 2021 53% · 2022 78% · 2023 68% — 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.

Where its funders are

66% of GRACE PROJECT INC's grant income comes from New Jersey funders.

NY
NJ

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

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

Funder states come from each funder’s own filing. $133k arriving through sponsors registered in 3 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

Against its field

GRACE PROJECT INC runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin27% · top quartile
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like GRACE PROJECT INC

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 Jersey

Nationally

05Profile & governance

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

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NJ

Screen this organization

A dated, signed PDF of the compliance screen for GRACE PROJECT INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PROJECT INC?
GRACE PROJECT INC (New Jersey) receives grants from 7 organizations whose IRS filings report $334,238 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($126,000). 4 of them have funded it in more than one year.
How many funders does GRACE PROJECT INC have?
IRS filings report 7 organizations giving $334,238 in grants to GRACE PROJECT INC, 4 of which have funded it in more than one year.
Who is the largest funder of GRACE PROJECT INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $126,000 in grants. The full list of funders is on this page.
How can an organization like GRACE PROJECT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Grace Project →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 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 14, 2026. What this page cannot tell you · view filing