Granite Charitable
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 6,036,450 | 152,918 | 5,883,532 | 483.0 | 0% |
| 2021 | 7,962,084 | 229,861 | 7,732,223 | 806.8 | 0% |
| 2022 | 11,659,873 | 549,261 | 11,110,612 | 644.7 | 0% |
| 2023 | 6,900,377 | 957,500 | 5,942,877 | 490.7 | 0% |
In its most recent public year (2023), this organization brought in $5,942,877 more than it spent. Its reserves stood at about 490.7 months of spending. Staff pay was 0% of spending. $39,036,062 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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