Griffin Cares Foundation

Analysis

Griffin Cares Foundation is a registered charity in United States, based in Tenafly, NJ. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Griffin Cares Foundation reported income of $276k and spending of $27k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $276k (+1207%), an average of +1207% a year. The sharpest change came in the year to December 2023, when income rose by 1207%. Over the whole period it spent 11% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Griffin Cares Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Soulshine America Corporation ($276k), Unity Hall ($276k) and Aransas County Medical Services Inc ($276k).

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 $264k against liabilities of $0, net assets of $264k.