Grainfield Community Development Committee

Analysis

Grainfield Community Development Committee is a registered charity in United States, based in Grainfield, KS. It received its IRS tax-exemption ruling in June 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grainfield Community Development Committee reported income of $59k and spending of $130k, spending 221% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $314k to $59k (-81%), an average of -81% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grainfield Community Development Committee sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within KS. Charities of a similar size with the same main cause include Community Credit Counseling Corporation ($59k), Lind Bohanon Neighborhood Association ($59k) and Wilton Kiwanis Foundation Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.