Grey Team Inc

Analysis

Grey Team Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. 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 2022, Grey Team Inc reported income of $209k and spending of $252k, spending 121% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $300k to $209k (-30%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grey Team Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Tibet Center Inc ($209k), Missouri Gateway Green Building Council ($209k) and Sonoma County Safe and Sober Project Graduation ($209k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $642k against liabilities of $332k, net assets of $310k.