Grace Mission University

Analysis

Grace Mission University is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2023, Grace Mission University reported income of $1.8m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.8m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grace Mission University sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Techpoint Foundation Inc ($1.8m), World Systems Solutions Inc ($1.8m) and Ann Jerkins-Harris Academy of Excellence ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $239k. At year end it held assets of $1.7m against liabilities of $423k, net assets of $1.3m. It reported 51 employees.