Granville Place Inc

Analysis

Granville Place Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Granville Place Inc reported income of $1.1m and spending of $904k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $799k to $1.1m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Granville Place Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Community Lending Partners of New Jersey Inc ($1.1m), Fisher House Inc ($1.1m) and Roslindale Senior Non Profit Housing Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $2.0m against liabilities of $1.9m, net assets of $112k.