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Grace Church School

New York, NY · EIN 11-3752853 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Grace Church School reported $62.7 million in revenue and $64.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.92 went to program services, $7.69 to management and general costs and $2.39 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.3% of the total. The highest compensation it reported for one person was $739,178 (HEAD OF SCHOOL). 101 people received more than $100,000 in reportable compensation. Revenue rose 19% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $65M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $63M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
7.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.31$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
7.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
89.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$739,178$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.14%1.28%
People paid over $100,000
Part VII, line 2
1018
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.113.3
Independent voting board members
Part VI 1a–1b
27 of 28100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$58M expenses · 100.0% of program spending · grants $10M · revenue $56M

Grace Church School seeks students who are able to thrive in our rigorous program, and the school offers financial assistance to support the socioeconomic diversity that enhances the academic and ethical ambitions of its mission. Our curriculum, grounded in tradition and open to innovation, helps students build a strong foundation of knowledge, a command of words and numbers, and a sense of purpose in their pursuits as scholars, artists, athletes, and citizens. Our students are thoroughly prepared in science, english, mathematics, foreign languages, performing and studio arts, history…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL
Director/trustee, officer, 40.00 hrs/week
$585,622$0$153,556$739,178
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$308,583$0$34,028$342,611
DIRECTOR OF COLLEGE GUIDANCE
Highest compensated employee, 40.00 hrs/week
$261,057$0$51,186$312,243
DIRECTOR OF ADVANCEMENT
Highest compensated employee, 40.00 hrs/week
$282,355$0$18,132$300,487
HEAD OF SCHOOL (FORMER)
Former, 0.00 hrs/week
$281,455$0$0$281,455
HEAD OF HIGH SCHOOL
Highest compensated employee, 40.00 hrs/week
$250,193$0$25,207$275,400
ASSISTANT HEAD OF SCHOOL
Key employee, 40.00 hrs/week
$233,191$0$30,383$263,574
HEAD OF THE MIDDLE SCHOOL
Highest compensated employee, 40.00 hrs/week
$207,364$0$50,672$258,036

101 people received more than $100,000 in reportable compensation from Grace Church School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$63M$65M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$63M$65M89.9%$27M$739,178
FY2024 ⓘ$58M$61M90.7%$26M$720,593
FY2023 ⓘ$55M$59M90.0%$25M$660,944
FY2022 ⓘ$53M$58M90.2%$26M$766,760
FY2021 ⓘ$52M$60M87.3%$36M$720,564
FY2020 ⓘ$53M$53M86.7%$37M$689,309

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b28 · 27 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5405
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
B & S CLEANING SERVICES
Cleaning services
$315,528
SCHULTE ROTH & ZABEL LLP
Legal services
$159,584

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

23 private foundations reported grants to Grace Church School totaling $426K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Grace Church School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Grace Church School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Grace Church School's spending goes to programs?

In the fiscal year ending June 30, 2025, Grace Church School reported that 89.9% of its $64.6 million in expenses went to program services, 7.7% to management and general and 2.4% to fundraising (Form 990, Part IX).

How much does Grace Church School pay its top executive?

The largest total compensation Grace Church School reported for one person in the fiscal year ending June 30, 2025 was $739,178, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Grace Church School get its money?

Of $62.7 million in revenue in the fiscal year ending June 30, 2025, 7.9% came from contributions and grants and 89.3% from program service revenue (Form 990, Part VIII).

Is Grace Church School a registered charity?

The IRS lists EIN 11-3752853 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610919349300611 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349303791 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441309349303044 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321329349309832 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349315129 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121359349301117 · read the filing

All filings for EIN 11-3752853: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.