Grand Council Benevolent Fund Inc

Analysis

Grand Council Benevolent Fund Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in June 1998, 28 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 July 2024, Grand Council Benevolent Fund Inc reported income of $118k and spending of $93k, leaving 21% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $105k to $118k (+13%), an average of +2.4% a year. The sharpest change came in the year to July 2022, when income rose by 238%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grand Council Benevolent Fund Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Paynesville Community Service Center Inc ($118k), Ballard County Cooperative Ministry ($118k) and Galveston Diaper Bank ($118k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.