Greater Grove Hall Main Streetscorp

Analysis

Greater Grove Hall Main Streetscorp is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Greater Grove Hall Main Streetscorp reported income of $394k and spending of $325k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $199k to $394k (+98%), an average of +98% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Grove Hall Main Streetscorp sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include GFWC Naples Womans Club Inc ($394k), Old Town Association ($394k) and Womens Mentoring Network Inc ($393k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $90k. At year end it held assets of $168k against liabilities of $58k, net assets of $111k. It reported 1 employees.