Grand Avenue Community Outreach

Analysis

Grand Avenue Community Outreach is a registered charity in United States, based in Spencer, IA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grand Avenue Community Outreach reported income of $373k and spending of $229k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $373k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grand Avenue Community Outreach sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include Hopi Tutskwa Permaculture Institute Inc ($373k), Senior Advocates for Generational Equity Inc ($373k) and 818 Forward with Faith Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 7.6% of the total. Other salaries and wages came to $15k. At year end it held assets of $947k against liabilities of $980, net assets of $946k. It reported 1 employees.