Grandview Realty Corporation

Analysis

Grandview Realty Corporation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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 September 2023, Grandview Realty Corporation reported income of $159k and spending of $190k, spending 120% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $159k to $159k (-0.2%), an average of -0.2% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grandview Realty Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within RI. Charities of a similar size with the same main cause include Phoebe Hearst PTA Phoebe Hearst Elementary School ($159k), Future Farmers of America State Associations & Local Chapter ($159k) and Madison Heights Youth Baseball Association Inc ($159k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $384k against liabilities of $401k, net assets of -$16k.