Grace Christian School Inc

Analysis

Grace Christian School Inc is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in April 2012, 14 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 School Inc reported income of $2.7m and spending of $2.9m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $2.7m (+146%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Christian School Inc sits at the 85th 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 89th percentile within VA. Charities of a similar size with the same main cause include Monica Ros School ($2.7m), Northrise University Initiative ($2.7m) and Neca - Ibew No 176 Jatc Electrical Joint Apprenticeship Trust Fund ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 89% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.9m against liabilities of $139k, net assets of $1.7m. It reported 72 employees.