Date: July 11, 2018 05:26PM
Here I was under the impression it was a Mormon hymn, based on how frequently we sang it as children in Sunday School and Primary.
It isn't. It was written by a Methodist poet/songwriter, Fanny Crosby. "Frances Janes Van Alstyne Crosby (March 24 1820 – February 12 1915), usually known as Fanny Crosby, was an American lyricist most famous for her Protestant Christian hymns. A lifelong Methodist, she was one of the most prolific hymnists in history, writing over 8,000 despite being blind from shortly after birth." (wikiquote.)
It was always a favorite of mine as a child. Now it's easier to see why. :)