Grassfield Band Parent Association Inc

Analysis

Grassfield Band Parent Association Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Grassfield Band Parent Association Inc reported income of $262k and spending of $268k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $114k to $262k (+130%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 381%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grassfield Band Parent Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Indiana State Library Foundation Inc ($262k), Heritage Christian Academy of North Idaho Inc ($262k) and Adoption Options Inc ($262k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.