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Nonprofit · EIN 81-4380520

GRACES CLOSET

Tax-exempt · WALHALLA, SC 29691

Financials

$273K$256K2023$334K$274K2024$406K$257K2025
Revenue Expenses · by fiscal year end
Financials of GRACES CLOSET by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$405,969$257,271$148,698$470,718$0$470,718
December 31, 2024990$333,879$274,460$59,419$322,020$0$322,020
December 31, 2023990$272,761$256,110$16,651$262,601$0$262,601
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$405,623
Program service revenue
$0
Investment income
$346
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$42,052
Salaries, compensation and benefits (total)
$45,269
Professional fundraising fees
$0
Accounting fees
$565
Program services (functional)
$257,271

Balance sheet and other

Total assets, start of year
$322,020
Total assets, end of year
$470,718
Total liabilities, end of year
$0
Net assets, end of year
$470,718
Net assets without donor restrictions
$470,718
Gross receipts
$405,969
Employees
1
Year formed
2016
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Julie-ann ShannonDirector
Officer
30$42,052
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
Julie-ann ShannonDirector
Officer
30$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Julie-ann ShannonDirector
Officer
30$0

Address and contacts

Address (IRS master file)
PO BOX 126, WALHALLA, SC 29691-0126
In care of
% JULIE-ANN SHANNON
Mailing address (990-N for 2017)
166 Northshores DRive, Seneca SC 29672
Principal officer (990 for 2025)
Julieann Shannon Director, 166 Northshores Drive, Seneca, SC 29672
Principal officer (990-N for 2017)
Julie-ann Shannon, 166 Northshores DRive, SEneca SC 29672
Signed the 990
JULIE-ANN SHANNON, Director
Phone
(410) 370-3988
Return prepared by
Adams Tax Service LLC

Mission

provides necessities for school students

990 for the year ended December 31, 2025

Program accomplishments

  • Graces Closet helps students build self confidence and exceed both in and out of school by providing basic resources such as clothing, hygiene items, school supplies and food
    Expenses $257,271

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-4380520
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P30)
Assets (IRS master file)
$470,718
Income (IRS master file)
$405,969

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$405,969$257,271$470,718IRS
990December 2024$333,879$274,460$322,020IRS
990December 2023$272,761$256,110$262,601XML
990December 2022$284,917$230,167$245,950IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-N for 2017
Officer: Julie-ann Shannon
December 31, 2017≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-4380520).

Questions about GRACES CLOSET

What is the EIN of GRACES CLOSET?
The employer identification number (EIN) of GRACES CLOSET is 81-4380520.
Is GRACES CLOSET tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to GRACES CLOSET tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRACES CLOSET file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GRACES CLOSET due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRACES CLOSET last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GRACES CLOSET?
The 990 for the year ended December 31, 2025 names Julieann Shannon Director.
Who are the officers and directors of GRACES CLOSET?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $42,052 (Julie-ann Shannon, Director).
How much revenue does GRACES CLOSET have?
On its 990 for the year ended December 31, 2025 it reported revenue of $405,969, expenses of $257,271 and total assets of $470,718 at year end.

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