Grace Renewing All Christian Education

Analysis

Grace Renewing All Christian Education is a registered charity in United States, based in Lakeview, OH. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace Renewing All Christian Education reported income of $638k and spending of $386k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $638k (+391%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Renewing All Christian Education sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Melrose High School Permanent Scholarship Fund Organization ($638k), Mary Lee Johnston Community Learning Center ($638k) and Network Device Education Foundation Inc ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $770k against liabilities of $0, net assets of $770k.