Grandy Community Center Inc

Analysis

Grandy Community Center Inc is a registered charity in United States, based in Grandy, MN. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grandy Community Center Inc reported income of $167k and spending of $39k, leaving 76% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $167k (+1.7%), an average of +1.7% a year. Over the whole period it spent 21% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grandy Community Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Snohomish Shock ($167k), Boonsboro Area Athletic Association ($167k) and Wincity Basketball Association ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.5% of the total. At year end it held assets of $412k against liabilities of $0, net assets of $412k.