Grayson Land Care

Analysis

Grayson Land Care is a registered charity in United States, based in Independence, VA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grayson Land Care reported income of $138k and spending of $148k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $232k to $138k (-40%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grayson Land Care sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Keating Family Foundation ($138k), Wayne Rotary Foundation ($138k) and Urban Appalachian Community Coalition ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. At year end it held assets of $216k against liabilities of $1,665, net assets of $214k.