The Grey Foundation Americas Inc

Analysis

The Grey Foundation Americas Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Grey Foundation Americas Inc reported income of $60k and spending of $61k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $60k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Grey Foundation Americas Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Mt Olive Academic Foundation ($60k), Bharathi Tamil Academy ($60k) and Gospel Ministries for the Deaf ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.