Amplify GR

Analysis

Amplify GR is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Amplify GR reported income of $5.1m and spending of $1.8m, leaving 65% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $571k to $5.1m (+792%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 261%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Amplify GR sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include South Central Iowa Community Action Program Inc ($5.1m), Plumbers & Pipefitters Apprentices Training & Educational Programs TR ($5.1m) and Employment Resources Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $119k (6.7% of expenses). Other salaries and wages came to $311k. At year end it held assets of $25.9m against liabilities of $17.9m, net assets of $8.0m.