West Grand Neighborhood Organization

Analysis

West Grand Neighborhood Organization is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, West Grand Neighborhood Organization reported income of $293k and spending of $241k, spending 82% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $209k to $293k (+40%), an average of +8.8% a year. The sharpest change came in the year to July 2021, when income rose by 59%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Grand Neighborhood Organization sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Parkersburg Joint Electrical Apprenticeship Training Committee ($293k), Sequoia Youth & Family Services ($293k) and Fox Oakland Theater Inc ($293k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $136k. At year end it held assets of $103k against liabilities of $3,953, net assets of $100k. It reported 5 employees.