Anne Grady Corporation

Analysis

Anne Grady Corporation is a registered charity in United States, based in Holland, OH. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Anne Grady Corporation reported income of $20.8m and spending of $20.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.1m to $20.8m (+9.2%), an average of +2.2% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anne Grady Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Green County Family YMCA Inc ($20.8m), Verland Cla ($20.8m) and Foster Adopt Connect Inc ($20.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $157k (0.8% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $27.2m against liabilities of $4.6m, net assets of $22.6m. It reported 535 employees.