Friends of Graded Foundation

Analysis

Friends of Graded Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1969, 57 years ago. 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 July 2024, Friends of Graded Foundation reported income of $63k and spending of $123k, spending 194% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income grew from $20k to $63k (+210%), an average of +46% a year. The sharpest change came in the year to July 2022, when income rose by 747%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Graded Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Refugees Stories ($63k), PTA California Congress of Parents Teachers & Students Inc ($63k) and St Martin Villa Inc ($63k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.