GRHS Holdings Inc

Analysis

GRHS Holdings Inc is a registered charity in United States, based in W Burlington, IA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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 June 2023, GRHS Holdings Inc reported income of $58.3m and spending of $31.5m, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $58.3m (+1253%), an average of +92% a year. The sharpest change came in the year to June 2022, when income rose by 6006%. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, GRHS Holdings Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Health Federation of Philadelphia ($58.2m), American Camping Association Inc ($58.5m) and People Incorporated ($58.2m).

At year end it held assets of $271.6m against liabilities of $1.1m, net assets of $270.5m.