Public Charity

GRACE LIFECARE INC

GRACE LIFECARE INC is a nonprofit organization categorized as Public Charity based in MORGANTON, NC. Its most recent IRS filing (2025) reports revenue of $14.2M, expenses of $12.4M, total assets of $24.3M. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $29K.

EIN: 561722754 MORGANTON, NC Supportive Housing for Older Adults NTEE: P75 Latest filing: 2025
Total Revenue$14.2M
Total Expenses$12.4M
Total Assets$24.3M
Grant Records4
Funding Total$29K
Filing Years2020–2025

Mission

GRACE LIFECARE IS COMMITTED TO IMPROVING THE HEALTH OF OUR COMMUNITIES BY PROVIDING EXCELLENT AND COMPASSIONATE CARE.

Officers & Directors

BOARD MEMBER Amy Jackson-Kincaid
BOARD MEMBER Andrew Brant Md
TREASURER David Bennett
BOARD MEMBER Gandhari Loomis Md
PRESIDENT & CEO Gary Paxson
VICE CHAIRMAN Jim Rostan

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$19,346 2 grants
SUPPORT
$10,008 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $14.2M $12.4M $24.3M
2024 $12.1M $12.7M $24.1M
2023 $10.4M $12.2M $23.6M
2022 $5.0M $6.0M $23.9M
2020 $9.8M $9.8M $24.4M

Between 2020 and 2025, reported annual revenue grew from $9.8M to $14.2M (+44%), with total assets most recently reported at $24.3M.

Interactive year-over-year charts and full filing details available with membership.

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