T โ€” Philanthropy, Voluntarism & GrantmakingEIN: 842810742ยท Ruling Year: 2019

Granite Charitable

Saint Cloud, Minnesota

BHealth Score
63B

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

๐Ÿ’ฐ
$6.9M
Total Revenue
๐Ÿ“Š
$958K
Total Expenses
๐Ÿฆ
$39.2M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-40.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+86.1%
Revenue minus expenses as % of revenue

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$6,900,377โ†“41%$957,500โ†‘74%$39,152,654โ†‘33%
2022$11,659,873โ†‘46%$549,261โ†‘139%$29,506,815โ†‘91%
2021$7,962,084โ†‘32%$229,861โ†‘50%$15,454,211โ†‘151%
2020$6,036,450$152,918$6,154,973โ†‘615497200%
2019$0$0$1

Frequently Asked Questions

What does Granite Charitable do?โ–ผ

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?โ–ผ

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?โ–ผ

Granite Charitable reports $9.6M in annual revenue and holds $64.2M in total assets, based on IRS filings.

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Granite Charitable โ€” Saint Cloud, MN | GiveScope