Gramatica Family Foundation Inc

Analysis

Gramatica Family Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in December 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 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 2022, Gramatica Family Foundation Inc reported income of $71k and spending of $56k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $158k to $71k (-55%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gramatica Family Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Home for the Holidays Inc ($71k), Friends of Ludington St Park ($71k) and Pierce Family Foundation ($71k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $383k against liabilities of $0, net assets of $383k.