Granite State Ambassadors Inc

Analysis

Granite State Ambassadors Inc is a registered charity in United States, based in Goffstown, NH. It received its IRS tax-exemption ruling in October 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Granite State Ambassadors Inc reported income of $185k and spending of $180k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $185k (+9.1%), an average of +9.1% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Granite State Ambassadors Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within NH. Charities of a similar size with the same main cause include Children Aid and Development Organization Inc ($185k), Thomson Reuters Foundation Inc ($185k) and National Charity League of Glendale ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 88% of the total. Other salaries and wages came to $111k. At year end it held assets of $114k against liabilities of $77, net assets of $114k. It reported 4 employees.