Grace Christian Academy of Leipers Fork

Analysis

Grace Christian Academy of Leipers Fork is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Grace Christian Academy of Leipers Fork reported income of $5.4m and spending of $4.9m, spending 92% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $7.0m to $5.4m (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Christian Academy of Leipers Fork sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Southeast Educational Foundation ($5.4m), Hope Chinese Charter School ($5.4m) and Jobs for Nevadas Graduates Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $44.0m against liabilities of $24.9m, net assets of $19.2m. It reported 197 employees.