GRCS Eagle Impact

Analysis

GRCS Eagle Impact is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, GRCS Eagle Impact reported income of $2.9m and spending of $3.7m, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.5m to $2.9m (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. 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, GRCS Eagle Impact sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Iba Foundation Inc ($2.9m), Lead the Way Learning Academy ($2.9m) and Woodside School Foundation ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $2.7m against liabilities of $511k, net assets of $2.2m. It reported 424 employees.