The Grady School

Analysis

The Grady School is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in October 2015, 11 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, The Grady School reported income of $3.2m and spending of $3.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.2m (+192%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Grady School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Marion Preparatory Academy ($3.2m), Faith Christian Academy Inc ($3.2m) and Merona Leadership Foundation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $105k (3.4% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $766k against liabilities of $33k, net assets of $733k. It reported 89 employees.