Grace Christian Academy

Analysis

Grace Christian Academy is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in March 1995, 31 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, Grace Christian Academy reported income of $2.5m and spending of $2.1m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $2.5m (+58%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 95% 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 sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Maharishi University of Management ($2.5m), Heritage Academy Inc ($2.5m) and Cristo Rey Research Triangle High School Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 76% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.3m against liabilities of $1.1m, net assets of $250k. It reported 40 employees.