Grace Christian School of Cypress California

Analysis

Grace Christian School of Cypress California is a registered charity in United States, based in Cypress, CA. It received its IRS tax-exemption ruling in August 2011, 15 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 June 2023, Grace Christian School of Cypress California reported income of $4.7m and spending of $3.7m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.0m to $4.7m (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 80% 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 Cypress California sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include 21st Century Partnership for STEM Education ($4.7m), Sigma Nu Educational Foundation Inc ($4.7m) and Amber Education Fund Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $386k (10% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.7m against liabilities of $478k, net assets of $5.2m. It reported 112 employees.