Public Charity

GRACE-MAR SERVICES INC

GRACE-MAR SERVICES INC is a nonprofit organization categorized as Public Charity based in Charlotte, NC. Its most recent IRS filing (2024) reports revenue of $502K, expenses of $483K, total assets of $472K. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $1.4M.

EIN: 800235887 Charlotte, NC Latest filing: 2024
Total Revenue$502K
Total Expenses$483K
Total Assets$472K
Grant Records12
Funding Total$1.4M
Filing Years2020–2024

Mission

Grace Mar builds stronger more resilient communities of color using workforce development and minority business ownership as a catalyst.

Sample Grants Received

2025
TO PROVIDE SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE, NC REGION
$50,000
2024
TO PROVIDE SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE, NC REGION
$50,000
2023
PROVIDES SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE COMMUNITY
$25,000
2021
PROGRAM OPERATING COSTS
$12,500
2020
CHARITABLE GIFT
$1,000,000

Showing up to 5 of 12 total records — full history available with membership.

Officers & Directors

Vice President Grace Blake Smith
President Kenneth Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GIFT
$1,000,000 1 grant
TO PROVIDE SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE, NC REGION
$100,000 2 grants
PROGRAM OPERATING COST
$75,000 2 grants
INCREASE EMPLOYMENT AND HOMEOWNERSHIP AND PROMOTE SELF SUFFICIENCY
$51,500 2 grants
INCREASE EMPLOYMENT AND HOMEOWNERSHIP AND PROMOTE SELF SUFFICIENCY.
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $502K $483K $472K
2023 $225K $458K $681K
2022 $586K $169K $2.3M
2021 $548K $395K $1.7M
2020 $652K $485K $1.5M

Between 2020 and 2024, reported annual revenue declined from $652K to $502K (-23%), with total assets most recently reported at $472K.

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

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