Grace Learning Center Inc

Analysis

Grace Learning Center Inc is a registered charity in United States, based in Franklin, PA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Grace Learning Center Inc reported income of $126k and spending of $155k, spending 123% of what it took in. Across the 2 years on record, from July 2021 to July 2023, income grew from $79k to $126k (+60%), an average of +60% a year. The sharpest change came in the year to July 2023, when income rose by 60%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Learning Center Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Piedmont Public Schools Education Foundation ($126k), Spokane Public Schools Foundation ($126k) and San Antonio Bay Partnership Inc ($126k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.