Groundswell Inc

Analysis

Groundswell Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Groundswell Inc reported income of $7.3m and spending of $6.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $7.3m (+138%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Groundswell Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 84th percentile within DC. Charities of a similar size with the same main cause include Only One Inc ($7.3m), Micronesia Conservation Trust ($7.3m) and Wine to Water ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $475k (7.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.7m against liabilities of $109k, net assets of $3.6m. It reported 28 employees.