Grand Traverse Pavilions Foundation Inc

Analysis

Grand Traverse Pavilions Foundation Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in October 1997, 29 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grand Traverse Pavilions Foundation Inc reported income of $218k and spending of $282k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $365k to $218k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 106% 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 Traverse Pavilions Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Cruise for a Cause Inc ($218k), Cream City Foundation Inc ($218k) and United Way of Whitman County ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $2.1m against liabilities of $5,221, net assets of $2.1m.