Grosse Pointe Park Foundation

Analysis

Grosse Pointe Park Foundation is a registered charity in United States, based in Grosse Pt PK, MI. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Grosse Pointe Park Foundation reported income of $268k and spending of $381k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $268k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grosse Pointe Park Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Retired Senior Volunteer Program of Rock County Inc ($268k), Douglas County Education Foundation ($268k) and Medbrook Childrens Charity Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $382k against liabilities of $0, net assets of $382k.