Griefcare Place Inc

Analysis

Griefcare Place Inc is a registered charity in United States, based in Stow, OH. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Griefcare Place Inc reported income of $95k and spending of $67k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $95k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Griefcare Place Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include German Language School for Children ($95k), Mary E Jones Student Trust ($95k) and Fight for Sight Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $16k (24% of expenses). Other salaries and wages came to $3,284. At year end it held assets of $130k against liabilities of $129, net assets of $129k. It reported 3 employees.