Operating record

Groundswell Charitable Foundation

El Segundo, CA · EIN 87-1530516 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2022$2,782,421$1,778,516$1,003,9056.88%
2023$4,931,666$2,672,690$2,258,97614.65%

In its most recent public year (2023), this organization brought in $2,258,976 more than it spent. Its reserves stood at about 14.6 months of spending, up from 6.8 in 2022. Staff pay was 5% of spending.

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 ↗