Grin2b Foundation

Analysis

Grin2b Foundation is a registered charity in United States, based in Niles, IL. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grin2b Foundation reported income of $203k and spending of $137k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $203k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grin2b Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Fair Lawn Borough Volunteer Ambulance Corps ($203k), Charleston Recovery Center ($203k) and Mind Music and Movement Foudation for Neurolgical Disorders Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.