Grand Action Foundation 2 0

Analysis

Grand Action Foundation 2 0 is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 1994, 32 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 March 2023, Grand Action Foundation 2 0 reported income of $3.0m and spending of $2.7m, spending 90% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $5.7m to $3.0m (-47%), an average of -15% a year. The sharpest change came in the year to March 2023, when income rose by 2318%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grand Action Foundation 2 0 sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Parents with a Purpose Inc ($3.0m), United Way of Greater Kingsport Inc ($3.0m) and Pocono Mountains United Way ($3.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $269k (9.8% of expenses). Other salaries and wages came to $23k. At year end it held assets of $21.4m against liabilities of $20.7m, net assets of $656k.