Grassroots Business Partners Inc

Analysis

Grassroots Business Partners Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Grassroots Business Partners Inc reported income of $5.4m and spending of $2.3m, leaving 57% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $5.4m (+114%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 367%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Grassroots Business Partners Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Love Justice International ($5.4m), Pardes Institute of Jewish Studies North America Inc ($5.4m) and Ecopeace Middle East Environmental Ngo Forum ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $311k (14% of expenses). Other salaries and wages came to $248k. At year end it held assets of $19.4m against liabilities of $19.8m, net assets of -$366k. It reported 4 employees.