Grace Inc

Foundation · Grantmaker Lakeview, OH EIN: 80-0601626

IT IS THE MISSION OF GRACE RENEWING ALL CHRISTIAN EDUCATION (G.R.A.C.E) INC., AN OHIO NON-PROFIT CORPORATION, TO PROVIDE CHILDREN THE OPPORTUNITY TO BE RAISED UP IN AN EDUCATIONAL ENVIRONMENT FOUNDED ON CHRISTIAN PRINCIPLES AND FUND FAITH-BASED ACTIVITIES.

Key facts about Grace Inc

EIN
80-0601626
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$321,539
Grants made (2024)
4
Average grant
$80,385
Median grant
$68,270
Total assets
$746,888
Primary geography
Ohio (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Grace Inc funds

By grant dollars, the top recipient states for Grace Inc's 4 itemized 2024 grants were Ohio (94%) and Texas (6%). The most frequent recipient cities were Bellefontaine, OH (2 grants). None of its 4 grants with a stated purpose were described as general or operating support.

How Grace Inc gives

  • Giving grew 107% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Grace Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$747K

-3.0% YoY

Annual Giving

$322K

-16.7% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$80K

-16.7% YoY

About Grace Inc

Based on IRS filings

Grace Inc is a nonprofit organization focused on Education, based in Lakeview, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $747K in total assets. In 2024, it awarded 4 grants totaling $322K. Net investment income was $27K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 4 itemized 2024 grant dollars.

Cities

BellefontaineCuyahoga FallsAnnaColumbus GroveHaiku

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$176K$351K$527K$702K20202021202220232024
Metric202420232022
Total Assets$746,888$770,240$518,033
Revenue$313,397$638,432$495,606
Expenses$336,749$386,225$180,681
Qualifying Distributions———
Net Investment Income$27,042$16,632$1,206
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$193K$290K$386K1 grants20201 grants20211 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Summit Christian School: $170KSummit Christian School$170KCalvary Christian School: $117KCalvary Christian School$117KGrace Lake Ministries: $20KGrace Lake Ministries$20KLogan County Young Life: $15KLogan County Young Life$15K

Grant Size Distribution

11 grants across all recorded years

2<$50K3$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Summit Christian School ($170,000), Calvary Christian School ($116,539), Grace Lake Ministries ($20,000).

RecipientPurposeAmount
Summit Christian School Cuyahoga Falls, OHFUNDS FOR SCHOLARSHIPS$170,000
CALVARY CHRISTIAN SCHOOL Bellefontaine, OHFUNDS FOR SCHOLARSHIPS$116,539
Grace Lake Ministries Anna, TXFUNDS FOR CHRISTIAN MINISTRY$20,000
Logan County Young Life Bellefontaine, OHFUNDS FOR CHRISTIAN MINISTRY$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
David DurnellPresidentdirector1—
Roxana P WiltSectreasdirector1—
Michael DurnellDirector1—
Paul GreenDirector1—
Mark BoyerDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Grace Inc?

Grace Inc is a nonprofit organization focused on Education, based in Lakeview, OH. It holds $747K in total assets as of 2024.

How large is Grace Inc?

As of 2024, Grace Inc holds $747K in total assets with $313K in annual revenue. It awarded 4 grants totaling $322K in 2024.

Where does Grace Inc operate?

Grace Inc has awarded grants in Hawaii, Ohio, Texas.

What size grants does Grace Inc award?

In 2024, Grace Inc awarded 4 grants totaling $322K — an average of about $80K per grant, based on its IRS Form 990 filings.

What is Grace Inc's EIN?

Grace Inc's EIN (Employer Identification Number) is 80-0601626. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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