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 | $6,900,377↓41% | $957,500↑74% | $39,152,654↑33% | |
| 2022 | $11,659,873↑46% | $549,261↑139% | $29,506,815↑91% | — |
| 2021 | $7,962,084↑32% | $229,861↑50% | $15,454,211↑151% | — |
| 2020 | $6,036,450 | $152,918 | $6,154,973↑615497200% | — |
| 2019 | $0 | $0 | $1 | — |
Frequently Asked Questions
What does Granite Charitable do?▼
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?▼
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?▼
Granite Charitable reports $9.6M in annual revenue and holds $64.2M in total assets, based on IRS filings.
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