Grace Christian Academy Inc

Analysis

Grace Christian Academy Inc is a registered charity in United States, based in Guthrie, OK. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Grace Christian Academy Inc reported income of $71k and spending of $72k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $63k to $71k (+13%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 92% 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 Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within OK. Charities of a similar size with the same main cause include WT Woodson High School Ptso Inc ($71k), Grant County Schools Education Foundation ($71k) and Sebastian Exchange Club Foundation Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.