Groundwork Northeast Revitalization Group Inc

Analysis

Groundwork Northeast Revitalization Group Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Groundwork Northeast Revitalization Group Inc reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $1.0m (+260%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 261%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Groundwork Northeast Revitalization Group Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include Family Based Services Association of New Jersey ($1.0m), Characterworks Inc ($1.0m) and Childrens Advocacy Centers of Pennsylvania ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $74k (6.3% of expenses). Other salaries and wages came to $441k. At year end it held assets of $1.3m against liabilities of $380, net assets of $1.3m. It reported 17 employees.