HRDC Griffin Place Holding Corporation

Analysis

HRDC Griffin Place Holding Corporation is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in July 2022, 4 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, HRDC Griffin Place Holding Corporation reported income of $384k and spending of $74k, leaving 81% of income unspent that year. Over the whole period it spent 19% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, HRDC Griffin Place Holding Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MT. Charities of a similar size with the same main cause include Community Council ($384k), V1 Community Impact Inc ($384k) and Kodiak Community Support Inc ($384k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $16.5m against liabilities of $15.5m, net assets of $1.0m.