Grapevine Giving Foundation

Analysis

Grapevine Giving Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Grapevine Giving Foundation reported income of $10.3m and spending of $10.4m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $4.9m to $10.3m (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grapevine Giving Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Cise Foundation ($10.3m), Siemer Institute ($10.3m) and St Louis Community Foundation ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. At year end it held assets of $3.6m against liabilities of $3.5m, net assets of $101k.