Grapevine Christian School

Analysis

Grapevine Christian School is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in June 2020, 6 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 May 2024, Grapevine Christian School reported income of $475k and spending of $564k, spending 119% of what it took in. Across the 4 years on record, from May 2021 to May 2024, income grew from $316k to $475k (+50%), an average of +15% a year. The sharpest change came in the year to May 2022, when income rose by 84%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grapevine Christian School sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Perquimans County Schools Foundation Inc ($475k), Educational Foundation of the Southeasttexaschapter ($475k) and Caritas Christian Classical Academy Inc ($475k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). Other salaries and wages came to $285k. At year end it held assets of $294k against liabilities of $31k, net assets of $263k. It reported 29 employees.