The Griffin Foundation Inc

Analysis

The Griffin Foundation Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, The Griffin Foundation Inc reported income of $2.7m and spending of $2.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.7m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Griffin Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include The Forbes Funds ($2.7m), Malulani Hale ($2.7m) and Hampden Dubose Academy ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $160k (6.9% of expenses). Other salaries and wages came to $829k. At year end it held assets of $6.1m against liabilities of $6.8m, net assets of -$673k. It reported 24 employees.