Corey C Griffin Charitable Foundation

Analysis

Corey C Griffin Charitable Foundation is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in October 2014, 12 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 2023, Corey C Griffin Charitable Foundation reported income of $4.1m and spending of $1.9m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.1m (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Corey C Griffin Charitable Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Alamance Community Foundation ($4.1m), Saddleback Memorial Foundation ($4.1m) and Arctic Slope Community Foundation ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $181k (9.7% of expenses). At year end it held assets of $18.7m against liabilities of $923k, net assets of $17.8m. It reported 1 employees.