EIN 81-0844164

Grace Institute of New York

IRS 501(c) type
501(c)(3)
Num. employees
27
Year formed
2015
Most recent tax filings
2023-12-01
Description
Grace Institute of New York empowers underserved women in the New York area to achieve employment and economic self-sufficiency through job-skills training, counseling, and placement services within a supportive and structured environment. In 2021, they served 175 women and graduated 137 (78%). They aim to place 75% of their graduates in various industries, such as health care, legal, hospitality, and nonprofit.
Total revenues
$3,852,158
2023
Total expenses
$3,184,140
2023
Total assets
$3,459,465
2023
Num. employees
27
2023

Program areas at Grace Institute of New York

In 2023, Grace Institute served 210 women through our workforce training programs and successfully graduated 183 (87%). We will place 75% of our graduates in a variety of industries including health care, legal, hospitality and nonprofit. Our graduates will increase their personal income five fold after completing the program.

Who funds Grace Institute of New York

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Grace InstituteOperational Support$1,270,000
Mother Cabrini Health FoundationCasework Support for Women in Grace Institutes Workforce Training Program$175,000
Kate Spade New York FoundationCharitable Purposes$150,000
...and 21 more grants received totalling $2,251,100

Personnel at Grace Institute of New York

NameTitleCompensation
Danae McLeodChief Executive Officer$219,106
Cherise JonesChief Finance and Operations Officer$140,000
Mia WilsonChief Strategy Officer$129,192
John MarimuthuDirector of Talent Services$106,000
Margo BoykinsDirector of Participant Engagement$106,000
...and 2 more key personnel

Financials for Grace Institute of New York

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,735,959
Program services$2,465
Investment income and dividends$32,683
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$81,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$51
Total revenues$3,852,158

Form 990s for Grace Institute of New York

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-23990View PDF
2022-122023-11-07990View PDF
2021-122022-11-08990View PDF
2020-122021-11-12990View PDF
2019-122021-02-24990View PDF
...and 3 more Form 990s

Organizations like Grace Institute of New York

OrganizationLocationRevenue
Evansville Goodwill IndustriesEvansville, IN$18,580,541
Opportunity BuildersMillersville, MD$6,505,987
Lafayette Work CenterManchester, MO$5,124,825
Employment HorizonsCedar Knolls, NJ$10,000,078
Nick AmsterWooster, OH$3,215,189
Inspire of Central FloridaWinter Springs, FL$1,838,060
First Capital EnterprisesChillicothe, OH$3,180,028
Rise Community ServicesWarrensburg, MO$8,423,526
VTC EnterprisesSanta Maria, CA$11,384,419
Futures UnlimitedPontiac, IL$4,033,029
Data update history
December 23, 2024
Received grants
Identified 2 new grant, including a grant for $20,000 from Hyde and Watson Foundation
December 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $80,000 from Ira Decamp Foundation Under the Will of Elizabeth Decamp Mcinerny
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Montgomerie Foundation
April 28, 2024
Updated personnel
Identified 6 new personnel
Nonprofit Types
Employment organizationsCharities
Issues
Human servicesJobs and employment
Characteristics
Fundraising eventsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
40 Rector St 14th Floor
New York, NY 10006
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
graceinstitute.org/ 
Phone
(212) 832-7605
IRS details
EIN
81-0844164
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J30: Vocational Rehabilitation
NAICS code, primary
624310: Vocational Rehabilitation Services
Parent/child status
Independent
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