Grass Roots Organization for the Well Being of Seniors Inc

Analysis

Grass Roots Organization for the Well Being of Seniors Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grass Roots Organization for the Well Being of Seniors Inc reported income of $64k and spending of $67k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $70k to $64k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grass Roots Organization for the Well Being of Seniors Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Flathead Association of Senior Citizens Inc ($64k), Homes of Hope of Bedford County Inc ($64k) and Northstar Foundation ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $14k against liabilities of $141, net assets of $14k.