Graph Retrieval Augmented Generation (GraphRAG) has garnered increasing recognition for its potential to enhance large language models (LLMs) by structurally organizing domain-specific corpora and facilitating complex reasoning. However, current evaluations of GraphRAG models predominantly rely on traditional question-answering datasets. Their limited scope in questions and evaluation metrics fails to comprehensively assess the reasoning capacity improvements enabled by GraphRAG models. To address this gap, we introduce GraphRAG-Bench, a large-scale, domain-specific benchmark designed to rigorously evaluate GraphRAG models. Our benchmark offers three key superiorities: \((i)\) Challenging question design. Featuring college-level, domain-specific questions that demand multi-hop reasoning, the benchmark ensures that simple content retrieval is insufficient for problem-solving. For example, some questions require mathematical reasoning or programming. \((ii)\) Diverse task coverage. The dataset includes a broad spectrum of reasoning tasks, multiple-choice, true/false, multi-select, open-ended, and fill-in-the-blank. It spans 16 disciplines in twenty core textbooks. \((iii)\) Holistic evaluation framework. GraphRAG-Bench provides comprehensive assessment across the entire GraphRAG pipeline, including graph construction, knowledge retrieval, and answer generation. Beyond final-answer correctness, it evaluates the logical coherence of the reasoning process. By applying nine contemporary GraphRAG methods to GraphRAG-Bench, we demonstrate its utility in quantifying how graph-based structuring improves model reasoning capabilities. Our analysis reveals critical insights about graph architectures, retrieval efficacy, and reasoning capabilities, offering actionable guidance for the research community.