Granada on Broadway Outreach Project

Analysis

Granada on Broadway Outreach Project is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Granada on Broadway Outreach Project reported income of $102k and spending of $122k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $102k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Granada on Broadway Outreach Project sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Gloria Dei Communities Foundation ($102k), Community United Foundation ($102k) and I Am That Woman Movement Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $36k, net assets of -$19k.