Grosse Pointe Foundation for Public Education

Analysis

Grosse Pointe Foundation for Public Education is a registered charity in United States, based in Grosse Pt WDS, MI. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Grosse Pointe Foundation for Public Education reported income of $265k and spending of $578k, spending 218% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $284k to $265k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to June 2020, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grosse Pointe Foundation for Public Education sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Mountain Breeze School ($265k), Institute for Domestic and International Affairs ($265k) and Eden Prairie School District 272 Parent-Teacher Organization ($265k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 113% of the total. Other salaries and wages came to $29k. At year end it held assets of $948k against liabilities of $101k, net assets of $847k. It reported 1 employees.