Grove Express Foundation

Analysis

Grove Express Foundation is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Grove Express Foundation reported income of $277k and spending of $212k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $249k to $277k (+11%), an average of +11% a year. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grove Express Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Winterguard Arizona Incorporated ($277k), Operation Round-Up Trust ($277k) and Friends of SMHS Visual and Performing Arts Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.