Mission Granbury Inc

Analysis

Mission Granbury Inc is a registered charity in United States, based in Granbury, TX. It received its IRS tax-exemption ruling in December 1998, 28 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 August 2023, Mission Granbury Inc reported income of $2.7m and spending of $2.5m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $2.7m (+101%), an average of +19% a year. The sharpest change came in the year to August 2021, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission Granbury Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Abbey Road Inc ($2.7m), Regional Access Project Foundation Inc ($2.7m) and St Joseph Residence Inc ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.2m against liabilities of $921k, net assets of $2.3m. It reported 41 employees.