The Grateful Garment Project

Analysis

The Grateful Garment Project is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2011, 15 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 June 2023, The Grateful Garment Project reported income of $489k and spending of $563k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $508k to $489k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Grateful Garment Project sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Santa Claus Girls of Kent County ($489k), Fawco Foundation ($489k) and Bucksport Area Child Care Center Inc ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $80k. At year end it held assets of $156k against liabilities of $12k, net assets of $144k. It reported 8 employees.

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.