Grass Roots Events Inc

Analysis

Grass Roots Events Inc is a registered charity in United States, based in Imperial BCH, CA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grass Roots Events Inc reported income of $123k and spending of $116k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $258k to $123k (-52%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grass Roots Events Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Mona Shores Choir Assoc Inc ($123k), Nuestras Raices Inc ($123k) and Three Brothers Theatre ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $176k against liabilities of $3,821, net assets of $172k.