Grandville Education Foundation

Analysis

Grandville Education Foundation is a registered charity in United States, based in Grandville, MI. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Grandville Education Foundation reported income of $60k and spending of $25k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $282k to $60k (-79%), an average of -32% a year. The sharpest change came in the year to June 2021, when income dropped by 82%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grandville Education Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Jeff Michner Scholarship Fund a New Jersey Non-Profit Corporation ($60k), Brookville Band Association ($60k) and Ronnie G Brogdon Achievement Scholarship ($60k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.1m against liabilities of $28k, net assets of $1.0m.