Grains of Good Foundation

Analysis

Grains of Good Foundation is a registered charity in United States, based in San Carlos, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Grains of Good Foundation reported income of $117k and spending of $94k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $117k (-90%), an average of -90% a year. The sharpest change came in the year to December 2023, when income dropped by 90%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grains of Good Foundation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Tiny Hope Childrens Home ($117k), Pockets of Light Inc ($117k) and Macular Degeneration Foundation Inc ($116k).

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 $41k against liabilities of $0, net assets of $41k.