Philanthropy & Grantmaking
(T310)
IRS Verified
DX Registered
990 on File
GRAND RAPIDS COMMUNITY FOUNDATION
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
63/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$27.9M
Total Revenue
$23.8M
Total Expenses
$439.9M
Net Assets
35
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.0%
Fundraising Efficiency
32909.0%
Operating Reserve
222.22x
Liability-to-Asset
1.4%
Revenue Diversification
57.8%
Executive Compensation
$1.2M
Compared with Peers
FY 2024
Compared with 923 similar organizations
(United States, Philanthropy & Grantmaking, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
75.0% | 91.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.8% | 6.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.2% | 2.2% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
32909.0% | 925.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
222.2 mo | 70.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.4% | 2.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
57.8% | 88.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
219.4% | 17.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-3.6% | 10.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
14.8% | 6.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $27.9M | $23.8M | $439.9M | 75.0% | 35 |
| 2023 | $8.7M | $24.6M | $395.7M | 77.4% | 38 |
| 2022 | $51.1M | $23.4M | N/A | — | 34 |
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