Saving Grace Ministries Inc

Nonprofit profile at a glance

EIN
161573408
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Williamsville, NY, USA
Phone
7168931840
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Half-Way House for Offenders, Ex-Offenders
Affiliation
Christianity

Reported finances

Revenue
$1,725,148
Expenses
$1,917,744
Assets
$3,694,481
Liabilities
$3,509,242

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • REV TERRY KING (CEO)
  • SHERYL KING (President)

Highest reported compensation

  • REV TERRY KING (CEO): $117,065 total reported compensation
  • JORDAN PURRINGTON (Executive Dir.): $52,288 total reported compensation
  • SHERYL KING (President): $30,669 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization seeks to provide for a smooth transition to community life for individuals released from a correctional facility by providing a highly structured program based on christian principles.

What it reported doing in 2025

The organization provided housing, food, clothing, shelter, educational programs, teaching, supervision and mentoring to all residents of the program. This is done so that individuals in the program are helped to make a successful transition from prison back into the community.

Operating model

Revenue model
Earned-program. 81% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 92
  • Accountability: 85
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.1%; rating input score 92
  • Program expense ratio: 78.3%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 19th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.2%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 1.93; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.95; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 10.4%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 3% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 0% per year; rating input score 100; 11th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 92.1% of revenue deployed · 78.3% of spending went to programs
  • Governance: 6 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $117K · 8 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.