Garfield Golden Grads

Analysis

Garfield Golden Grads is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in September 1993, 33 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, Garfield Golden Grads reported income of $93k and spending of $241k, spending 258% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $93k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garfield Golden Grads sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within AZ. Charities of a similar size with the same main cause include Fellowship Community Services ($93k), Hammonton Hawks Inc ($93k) and Xin Vang Foundation ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.