Grier Foundation

Analysis

Grier Foundation is a registered charity in United States, based in Tyrone, PA. It received its IRS tax-exemption ruling in February 1960, 66 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grier Foundation reported income of $11.6m and spending of $13.8m, spending 119% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $13.9m to $11.6m (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grier Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Dolly Partons Imagination Library of Ohio ($11.6m), Geneva School of Boerne ($11.6m) and Old Trail School ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.6% and program service revenue 83% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $50.1m against liabilities of $3.4m, net assets of $46.7m. It reported 225 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.