Grace International Educational Foundation

Analysis

Grace International Educational Foundation is a registered charity in United States, based in McCordsville, IN. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Grace International Educational Foundation reported income of $56k and spending of $22k, leaving 60% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $414k to $56k (-87%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 160% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace International Educational Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Ami School Organization ($56k), Bible Lighthouse Inc ($56k) and Rabbi Shimon Bar-Yochi Academy Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.