Gray Family Foundation

Analysis

Gray Family Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2012, 14 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gray Family Foundation reported income of $156k and spending of $2.7m, spending 1758% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2,000 to $156k (+7709%), an average of +197% a year. The sharpest change came in the year to December 2020, when income rose by 15036%. Over the whole period it spent 1285% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gray Family Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include New Orleans Town Gardners ($156k), Sharing Time and Resources ($156k) and Keystone Accountability Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $957k against liabilities of $150k, net assets of $807k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.