Granite Charitable
Saint Cloud, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,900,377โ41% | $957,500โ74% | $39,152,654โ33% | |
| 2022 | $11,659,873โ46% | $549,261โ139% | $29,506,815โ91% | โ |
| 2021 | $7,962,084โ32% | $229,861โ50% | $15,454,211โ151% | โ |
| 2020 | $6,036,450 | $152,918 | $6,154,973โ615497200% | โ |
| 2019 | $0 | $0 | $1 | โ |
Frequently Asked Questions
What does Granite Charitable do?โผ
Granite Charitable is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Granite Charitable financially healthy?โผ
Based on our 9-metric Financial Health Score model, Granite Charitable has a score of 63/100 (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 Granite Charitable generate?โผ
Granite Charitable reports $9.6M in annual revenue and holds $64.2M in total assets, based on IRS filings.
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