Gracelyn Global Education Foundation

Analysis

Gracelyn Global Education Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2021, 5 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, Gracelyn Global Education Foundation reported income of $1.1m and spending of $1.3m, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $859k to $1.1m (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gracelyn Global Education Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include University Temple Childrens School ($1.1m), Dost Education ($1.1m) and Mesivta of Coral Springs ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $257k against liabilities of $456k, net assets of -$199k. It reported 10 employees.