Colfax Thrifty Grandmothers

Analysis

Colfax Thrifty Grandmothers is a registered charity in United States, based in Colfax, WA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Colfax Thrifty Grandmothers reported income of $103k and spending of $93k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $103k (+0.4%), an average of +0.4% a year. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Colfax Thrifty Grandmothers sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include Maxwell and Marjorie Jospey Support Foundation ($103k), Sleeping Angels Foundation ($103k) and Robbinsdale Spanish Immersion School Parent Teacher Organization ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.4% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.