Grace Christian Academy of St Lucie County Inc

Analysis

Grace Christian Academy of St Lucie County Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in July 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 December 2022, Grace Christian Academy of St Lucie County Inc reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 2 years on record, from December 2020 to December 2022, income grew from $385k to $1.2m (+220%), an average of +220% a year. The sharpest change came in the year to December 2022, when income rose by 220%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Christian Academy of St Lucie County Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Stuyvesant High School Alumni Association Inc ($1.2m), Hi-Tech Charities ($1.2m) and Saratoga County Agricultural Society ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $136k (11% of expenses). Other salaries and wages came to $569k. At year end it held assets of $125k against liabilities of $96k, net assets of $29k. It reported 50 employees.