Grand Rapids Christian Schools

Analysis

Grand Rapids Christian Schools is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in June 1970, 56 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 2024, Grand Rapids Christian Schools reported income of $40.4m and spending of $49.2m, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $26.8m to $40.4m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grand Rapids Christian Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Americans for Oxford Inc ($40.3m), University of Saint Mary ($40.4m) and St Marks School of Southborough Inc ($40.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $482k (1.0% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $66.0m against liabilities of $11.4m, net assets of $54.6m. It reported 278 employees.