Grievewell

Analysis

Grievewell is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in August 2010, 16 years ago. 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, Grievewell reported income of $201k and spending of $246k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $245k to $201k (-18%), an average of -9.5% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grievewell sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Agri-Culture Inc ($201k), Dorothy Robb Perin and Harold F Poe TR Fbo the Cincinnati Symphony Orc ($201k) and Alexis North Henderson Ambulance Service ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (29% of expenses). Other salaries and wages came to $88k. At year end it held assets of $85k against liabilities of $0, net assets of $85k. It reported 3 employees.