TPhilanthropy, Voluntarism & GrantmakingEIN: 260000488· Ruling Year: 2002

Grove Foundation Inc

Neptune, New Jersey

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org14.80×
Peer Median18.82×
💰
$592K
Total Revenue
📊
$792K
Total Expenses
🏦
$11.7M
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+75.3%
Year-over-year change (2022 → 2023)
Net Margin
-33.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.80
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$592,49575%$791,88218%$11,723,9612%
2022$338,01823%$673,69410%$11,924,4893%
2021$441,22019%$752,17333%$12,255,7932%
2020$543,77742%$566,8682%$12,566,746
2019$937,01441%$555,65244%$12,589,83717%
2015$1,593,95233%$386,16121%$10,795,96113%
2014$1,195,0327%$487,08147%$9,588,1708%
2013$1,113,116131%$332,30234%$8,880,21910%
2012$481,80858%$507,20421%$8,099,405
2011$1,146,417$420,561$8,124,801

Frequently Asked Questions

What does Grove Foundation Inc do?

Grove Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in New Jersey. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grove Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Grove Foundation Inc has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Grove Foundation Inc generate?

Revenue data for Grove Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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