Grace Leadership Preparatory Institute

Analysis

Grace Leadership Preparatory Institute is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in February 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 2022, Grace Leadership Preparatory Institute reported income of $1.6m and spending of $1.4m, spending 85% of its income. Across the 4 years on record, from December 2018 to December 2022, income grew from $576k to $1.6m (+177%), an average of +40% a year. The sharpest change came in the year to December 2019, when income rose by 182%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Leadership Preparatory Institute sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Eel River Charter School ($1.6m), Keystone Prep High School ($1.6m) and 1house2hands Inc ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $760k. At year end it held assets of $2.1m against liabilities of $1.7m, net assets of $464k. It reported 25 employees.