Grantmakers Forum of New York Inc

Analysis

Grantmakers Forum of New York Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in November 1988, 38 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grantmakers Forum of New York Inc reported income of $720k and spending of $720k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $234k to $720k (+208%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 100% 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 Forum of New York Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Colorado Community Land Trust-Denver LLC ($719k), Foundation for International Medical Relief of Children ($720k) and Henderson Memorial Hospital Foundation ($719k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $600 against liabilities of $0, net assets of $600.