Greenridge Deam Team Foundation

Analysis

Greenridge Deam Team Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2016, 10 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, Greenridge Deam Team Foundation reported income of $62k and spending of $63k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $62k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greenridge Deam Team Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Just Heart Help Inc ($62k), Ty Foundation Inc ($62k) and Texas Briar Club Foundation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $8,307 against liabilities of $0, net assets of $8,307.