Granville Foundation

Analysis

Granville Foundation is a registered charity in United States, based in Granville, OH. It received its IRS tax-exemption ruling in March 1973, 53 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 December 2023, Granville Foundation reported income of $305k and spending of $138k, leaving 55% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $143k to $305k (+113%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Granville Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Northwest Museum of Arts & Culture Foundation ($305k), San Antonio Cpa Continuing Education Foundation ($305k) and PTA Florida Congress ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $12k. At year end it held assets of $2.7m against liabilities of $4,503, net assets of $2.7m. It reported 1 employees.