Grand Mesa Nordic Council

Analysis

Grand Mesa Nordic Council is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in November 1991, 35 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 April 2023, Grand Mesa Nordic Council reported income of $1.1m and spending of $325k, leaving 71% of income unspent that year. Across the 3 years on record, from April 2021 to April 2023, income grew from $219k to $1.1m (+414%), an average of +127% a year. The sharpest change came in the year to April 2023, when income rose by 345%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Mesa Nordic Council sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include First Samoan Congregational Christian Church of Harbor City U ($1.1m), Jefferson County Historical Society ($1.1m) and Kate Duncan Smith Daughters of the American Revolution School ($1.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $133k (41% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 9 employees.