Grace Christian Foundation

Analysis

Grace Christian Foundation is a registered charity in United States, based in Grandville, MI. It received its IRS tax-exemption ruling in April 2022, 4 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, Grace Christian Foundation reported income of $265k and spending of $87k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.0m to $265k (-87%), an average of -87% a year. The sharpest change came in the year to December 2023, when income dropped by 87%. Over the whole period it spent 6.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Christian Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include R4creating ($265k), West Penn Hospital Medical Staff Foundation ($265k) and Crosspoint Christian School Foundation ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.