Grounded Solutions Network
Analysis
Grounded Solutions Network is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Grounded Solutions Network reported income of $15.9m and spending of $6.3m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $15.9m (+198%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 293%. Over the whole period it spent 62% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grounded Solutions Network sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include A Safe Haven Foundation ($15.9m), Choice in Aging ($16.0m) and American Association for the Study of Liver Diseases ($15.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $618k (9.8% of expenses). Other salaries and wages came to $2.3m. It paid $19k in professional fundraising fees. At year end it held assets of $18.3m against liabilities of $998k, net assets of $17.3m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 16%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A Safe Haven Foundation | Chicago | $15.9m |
| Choice in Aging | Pleasant Hill | $16.0m |
| American Association for the Study of Liver Diseases | Alexandria | $15.9m |
| Cedar Crest Inc | Janesville | $16.0m |