Granada House Inc

Analysis

Granada House Inc is a registered charity in United States, based in Allston, MA. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Granada House Inc reported income of $1.4m and spending of $1.0m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $856k to $1.4m (+59%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Granada House Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Harold Pump Foundation ($1.4m), Future Smiles ($1.4m) and Strategic Prevention Partnerships Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 84% of the total. Other salaries and wages came to $532k. At year end it held assets of $3.0m against liabilities of $510k, net assets of $2.5m. It reported 24 employees.