Grand Rapids Christian School Foundation

Analysis

Grand Rapids Christian School Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 1943, 83 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grand Rapids Christian School Foundation reported income of $1.5m and spending of $1.8m, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $819k to $1.5m (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 124%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Rapids Christian School Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Barren County Family YMCA Inc ($1.5m), The Woodward School for Girls Inc ($1.5m) and The Misty Copeland Foundation Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% of the total. At year end it held assets of $22.1m against liabilities of $205k, net assets of $21.9m.