Grace Christian School

Analysis

Grace Christian School is a registered charity in United States, based in Pontiac, IL. It received its IRS tax-exemption ruling in November 2013, 13 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 reported income of $225k and spending of $253k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $153k to $225k (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 89% 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 sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Alliance for Public Waldorfeducation ($225k), American Friends of Maon Hatalmud Inc ($225k) and Communities in Schools of Caldwell County Inc ($225k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $178k. At year end it held assets of $197k against liabilities of $3,300, net assets of $193k. It reported 7 employees.