Grambling High Foundation

Analysis

Grambling High Foundation is a registered charity in United States, based in Grambling, LA. It received its IRS tax-exemption ruling in August 2007, 19 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, Grambling High Foundation reported income of $15.6m and spending of $12.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $15.6m (+157%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grambling High Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Living Classrooms Foundation Inc ($15.6m), Presbyterian School ($15.6m) and New St Paul Tabernacle Church of God in Christ Head Start Agency ($15.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $121k (1.0% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $55.7m against liabilities of $49.8m, net assets of $5.9m. It reported 200 employees.