Grace Community School wins the 2021 Henderson Cup, the overall state championship award given by the Texas Association of Private and Parochial Schools (TAPPS). This annual award is presented to the school that earns the most points in 27 TAPPS competitions in a given school year. TAPPS competitions include three areas: academics, fine arts, and athletics. Grace has won the Henderson Cup three other times, 2017 in the 5A classification, 2002 in the 4A classification, and 1999 in the 3A classification. Grace has also finished as the runner-up four times 2009 (4A), 2016 (5A), 2018 (5A), and 2019 (5A).

In 2017-2018, Grace Community Elementary School was the only private elementary school in Texas that was awarded the National Blue Ribbon School status by the U.S. Department of Education (0.5% of U.S. schools earn this coveted distinction).