Good Grief Network

Analysis

Good Grief Network is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in September 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Grief Network reported income of $294k and spending of $167k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $294k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. 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, Good Grief Network sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Sonoma County Black Forum ($294k), Preservation ($294k) and Automobile Alley ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $104k (62% of expenses). At year end it held assets of $238k against liabilities of $0, net assets of $238k.