Grand Concerts Inc

Analysis

Grand Concerts Inc is a registered charity in United States, based in Winter Park, CO. It received its IRS tax-exemption ruling in June 2013, 13 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 June 2024, Grand Concerts Inc reported income of $91k and spending of $71k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $83k to $91k (+11%), an average of +11% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grand Concerts Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within CO. Charities of a similar size with the same main cause include St Patricks Bargain Store Inc ($91k), Grainery Ministries ($91k) and Islamic Center of the Triad Refugee & Immigration Community Service C ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 33% of the total. At year end it held assets of $133k against liabilities of $4,902, net assets of $128k.