Grand Prairie Seminary & Commercial College

Analysis

Grand Prairie Seminary & Commercial College is a registered charity in United States, based in Onarga, IL. It received its IRS tax-exemption ruling in April 1969, 57 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 2022, Grand Prairie Seminary & Commercial College reported income of $773k and spending of $553k, leaving 28% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $728k to $773k (+6.2%), an average of +3.0% a year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grand Prairie Seminary & Commercial College sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Ardrey Kell High School Athletic Booster Club ($772k), Epiphany School of Charlotte Inc ($773k) and Farther Foundation ($772k).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $8.9m against liabilities of $1.4m, net assets of $7.5m.