Grunewald Guild

Analysis

Grunewald Guild is a registered charity in United States, based in Leavenworth, WA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Grunewald Guild reported income of $639k and spending of $488k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $491k to $639k (+30%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grunewald Guild sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Danvers Community Access Television Incorporated ($639k), Victorian Woods Senior Living Inc ($639k) and Downtowndc Foundation Inc ($639k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $101k (21% of expenses). Other salaries and wages came to $66k. At year end it held assets of $2.1m against liabilities of $626k, net assets of $1.5m. It reported 9 employees.