Grazia Foundation

Analysis

Grazia Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Grazia Foundation reported income of $62k and spending of $47k, leaving 24% of income unspent that year. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grazia Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Wright Foundation for Pediatric Ophthalmology and Strabismus ($62k), National Qigong Association ($62k) and Lifeskills Residential Development Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.