Grace Christian Education Association Inc

Analysis

Grace Christian Education Association Inc is a registered charity in United States, based in Louisville, MS. It received its IRS tax-exemption ruling in March 1989, 37 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 July 2024, Grace Christian Education Association Inc reported income of $623k and spending of $666k, spending 107% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $547k to $623k (+14%), an average of +3.3% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Christian Education Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within MS. Charities of a similar size with the same main cause include MIT Sloan Boston Alumni Association Inc ($623k), Riverside Plaza Tenants Association Inc ($624k) and Cypress Education Foundation ($623k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Other salaries and wages came to $381k. At year end it held assets of $348k against liabilities of $40k, net assets of $308k. It reported 37 employees.