Grace Christian Educational Association

Analysis

Grace Christian Educational Association is a registered charity in United States, based in Watervliet, MI. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Grace Christian Educational Association reported income of $1.3m and spending of $1.3m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $721k to $1.3m (+75%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Christian Educational Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Whites Innovative School of Enrichment Inc ($1.3m), American Friends of Ateres Bnos Yerushalayim Inc ($1.3m) and Matteh Moshe Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 73% of the total. Other salaries and wages came to $581k. At year end it held assets of $269k against liabilities of $337k, net assets of -$68k. It reported 43 employees.