Grande Center for Education and Economic Opportunity

Analysis

Grande Center for Education and Economic Opportunity is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grande Center for Education and Economic Opportunity reported income of $258k and spending of $211k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $258k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grande Center for Education and Economic Opportunity sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Farm of Northwest Florida Inc ($258k), Magic Mountain Childrens Center Inc ($258k) and Elijah Rising ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $65k (31% of expenses). At year end it held assets of $112k against liabilities of $0, net assets of $112k. It reported 1 employees.