Mission
SEEKS TO ENHANCE THE GOD-GIVEN POTENTIAL IN EACH STUDENT THROUGH QUALITY CHRISTIAN EDUCATION SO THEY MAY BE SERVANTS OF JESUS CHRIST IN THE WORLD.
Public Charity
GRACE ACADEMY INC
GRACE ACADEMY INC is a nonprofit organization categorized as Public Charity based in HAGERSTOWN, MD. Its most recent IRS filing (2025) reports revenue of $4.4M, expenses of $4.3M, total assets of $2.6M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $139K.
EIN: 521096867
HAGERSTOWN, MD
Primary & Elementary Schools
NTEE: B24
Latest filing: 2025
Total Revenue$4.4M
Total Expenses$4.3M
Total Assets$2.6M
Grant Records7
Funding Total$139K
Filing Years2021–2025
Where $100 goes at Grace Academy Inc
How Grace Academy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$79
Programs
the work itself
$21
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $79 for programs
$79
The school provided a well-round, christian-grounded education to students of the washington county, maryland area
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SCHOLARSHIP
$5,500
SCHOLARSHIP
$6,000
GENERAL SUPPORT
$66,005
GENERAL SUPPORT
$23,357
GENERAL SUPPORT
$18,126
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
TREASURER
Beverly Stitely
DIRECTOR
Dan Thornton
DIRECTOR
Darren Sweeney
DIRECTOR
Jonathan Worsley
CHAIRMAN
Korey Paff
SECRETARY
Margaret Swacina
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.4M | $4.3M | $2.6M |
| 2024 | $4.1M | $4.1M | $2.6M |
| 2023 | $3.9M | $3.8M | $2.6M |
| 2022 | $3.3M | $3.0M | $2.5M |
| 2021 | $2.7M | $2.2M | $2.3M |
Between 2021 and 2025, reported annual revenue grew from $2.7M to $4.4M (+63%), with total assets most recently reported at $2.6M.
Interactive year-over-year charts and full filing details available with membership.