Mission
Grace Mar builds stronger more resilient communities of color using workforce development and minority business ownership as a catalyst.
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
Financial Counseling
NTEE: P51
Latest filing: 2024
Total Revenue$502K
Total Expenses$483K
Total Assets$472K
Grant Records12
Funding Total$1.4M
Filing Years2020–2024
Where $100 goes at Grace-Mar Services Inc
How Grace-Mar Services Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$69
Programs
the work itself
$7
Management
running the organization
$24
Fundraising
raising the next dollar
Inside the $69 for programs
$47
In addition, we added and upgraded our online training platform enabling our agency to train over 100 individuals along with our YouthBuild students in several areas including, Construction…
$21
We successfully completed the third year of the YouthBuild program
$1
We successfully moved our first fathers into our transitional home located at 322 Dare Drive
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
TO PROVIDE SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE, NC REGION
$50,000
TO PROVIDE SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE, NC REGION
$50,000
PROVIDES SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE COMMUNITY
$25,000
PROGRAM OPERATING COSTS
$12,500
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
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.