Faith and Grace Learning Center

Analysis

Faith and Grace Learning Center is a registered charity in United States, based in Martinsburg, PA. It received its IRS tax-exemption ruling in March 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 2021, Faith and Grace Learning Center reported income of $729k and spending of $647k, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $441k to $729k (+65%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith and Grace Learning Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Crossroads Christian Academy of Circleville Inc ($729k), Hand Heart and Soul Project Inc ($729k) and Society of North American Refugee Healthcare Providers ($729k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $66k (10% of expenses). Other salaries and wages came to $395k. At year end it held assets of $288k against liabilities of $78k, net assets of $209k. It reported 59 employees.