Granville Plaza Inc

Analysis

Granville Plaza Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Granville Plaza Inc reported income of $381k and spending of $354k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $293k to $381k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 109% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Granville Plaza Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Childrens Rescue Center Inc ($381k), 100 East 182nd Street Housing Development Fund Company Inc ($382k) and Center on Civic Engagement ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $810k against liabilities of $29k, net assets of $781k.