Grant Cardone Foundation Inc

Analysis

Grant Cardone Foundation Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in August 2018, 8 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 2022, Grant Cardone Foundation Inc reported income of $847k and spending of $487k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $631k to $847k (+34%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 579%. Over the whole period it spent 16% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grant Cardone Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Archuleta County Victim Assistance Program Inc ($846k), Afghan Coalition ($847k) and Winter Guard Association of Southern California ($846k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $142k. At year end it held assets of $5.9m against liabilities of $28k, net assets of $5.8m.