Charity Impact Media

Home › Education

Greater Raleigh Area Christian Education

Raleigh, NC · EIN 56-1920605 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Greater Raleigh Area Christian Education reported $29.3 million in revenue and $13.5 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $83.31 went to program services, $12.24 to management and general costs and $4.45 to fundraising. Its largest source of revenue was investment income: 44.4% of the total. The highest compensation it reported for one person was $212,042 (HEAD OF SCHOOL). 2 people received more than $100,000 in reportable compensation. Revenue rose 241% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $13M

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 May 31, 2025 · Form 990, Part VIII · total revenue $29M

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)
83.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.19$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
43.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$212,042$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.58%1.28%
People paid over $100,000
Part VII, line 2
28
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.513.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

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
$11M expenses · 100.0% of program spending · revenue $13M

The principal program service is to provide religious-based education for the Greater Raleigh Area. The school provided educational services to 909 students during the 2024-2025 school year

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
Officer, 40.00 hrs/week
$198,218$0$13,824$212,042
CFO
Officer, 40.00 hrs/week
$120,891$0$4,696$125,587

2 people received more than $100,000 in reportable compensation from Greater Raleigh Area Christian Education (Part VII, line 2). Compensation of current officers, directors and key employees totaled $345K (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$29M$13M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$29M$13M83.3%$30M$212,042
FY2024 ⓘ$16M$13M85.5%$14M$200,845
FY2023 ⓘ$11M$11M89.4%$10M$189,342
FY2022 ⓘ$9.8M$9.3M88.8%$10.0M$173,962
FY2021 ⓘ$9.8M$8.8M89.6%$9.5M$167,312
FY2020 ⓘ$8.6M$8.4M88.6%$8.4M$164,213

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–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • 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 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5188
  • Volunteers Part I, line 6200

Private foundation grants it received

1 private foundation reported grants to Greater Raleigh Area Christian Education totaling $986 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 Greater Raleigh Area Christian Education's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Greater Raleigh Area Christian Education, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of Greater Raleigh Area Christian Education's spending goes to programs?

In the fiscal year ending May 31, 2025, Greater Raleigh Area Christian Education reported that 83.3% of its $13.5 million in expenses went to program services, 12.2% to management and general and 4.4% to fundraising (Form 990, Part IX).

How much does Greater Raleigh Area Christian Education pay its top executive?

The largest total compensation Greater Raleigh Area Christian Education reported for one person in the fiscal year ending May 31, 2025 was $212,042, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Greater Raleigh Area Christian Education get its money?

Of $29.3 million in revenue in the fiscal year ending May 31, 2025, 10.8% came from contributions and grants and 43.8% from program service revenue (Form 990, Part VIII).

Is Greater Raleigh Area Christian Education a registered charity?

The IRS lists EIN 56-1920605 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 May 31, 2025, object 202503459349301600 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202403319349300245 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202420659349300522 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202300669349301500 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202240819349301114 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202120819349300212 · read the filing

All filings for EIN 56-1920605: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.