CSCharityScored
37

Grand Rapids Public Library Foundation

Education · Grand Rapids, Michigan

111 Library St Ne, Grand Rapids, MI 49503-3268

EIN: 386085929· Founded: Apr 1962· 64 years active· Filing Year: 2023

Annual Revenue

$551K

Total Expenses

$365K

Total Assets

$5.7M

Program Spending

3%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$50K

13.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$50K

14% of total expenses

Where the Money Goes

3%
Programs: 3%
Payroll: 14%
Other overhead: 98%
Program Revenue$9K (2%)
Total Expenses$365K (66%)
Payroll$50K (14%)
Overhead (non-program)98%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$551K annual revenue

15%

Executive Compensation

$50K total officer comp (13.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.7M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.