Greatnonprofits

Analysis

Greatnonprofits is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Greatnonprofits reported income of $912k and spending of $2.3m, spending 251% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $912k (-52%), an average of -17% a year. The sharpest change came in the year to December 2020, when income rose by 176%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greatnonprofits sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Youth FX Inc ($911k), Museum of North Idaho Inc ($912k) and Rockland Conservatory of Music ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $76k (3.3% of expenses). Other salaries and wages came to $729k. At year end it held assets of $2.4m against liabilities of $334k, net assets of $2.0m. It reported 10 employees.