The Gridwise Alliance Inc

Analysis

The Gridwise Alliance Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, The Gridwise Alliance Inc reported income of $954k and spending of $1.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $793k to $954k (+20%), an average of +4.7% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Gridwise Alliance Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Crosshatch Center for Art and Ecology ($954k), Heart of Dixie Railroad Museum Inc ($954k) and California Vehicle Foundation ($954k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $210k (21% of expenses). At year end it held assets of $186k against liabilities of $166k, net assets of $20k.