Grantmakers for Effective Organizations

Analysis

Grantmakers for Effective Organizations is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grantmakers for Effective Organizations reported income of $4.9m and spending of $7.1m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.9m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grantmakers for Effective Organizations sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 80th percentile within DC. Charities of a similar size with the same main cause include Phelps County Community Foundation Inc ($4.9m), Csusb Philanthropic Foundation ($4.9m) and Legacy Foundation Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $2.0m (28% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $10.7m against liabilities of $1.6m, net assets of $9.2m. It reported 28 employees.