Grace Christian School of Wildomar

Analysis

Grace Christian School of Wildomar is a registered charity in United States, based in Menifee, CA. It received its IRS tax-exemption ruling in October 2018, 8 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 School of Wildomar reported income of $334k and spending of $341k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $370k to $334k (-9.7%), an average of -4.9% a year. Over the whole period it spent 98% 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 of Wildomar sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Massachusetts Head Start Association Inc ($334k), Loudoun Classical School ($334k) and Washington Street Community Center Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $24k (7.0% of expenses). Other salaries and wages came to $145k. At year end it held assets of $65k against liabilities of $79k, net assets of -$14k. It reported 15 employees.