Grand Street Settlement Inc
Grand Street Settlement Inc shows consistent revenue growth and healthy surpluses over the past decade.
EIN: 135562230 · New York, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43.8M |
| Total Expenses | $39.7M |
| Program Spending | 85% |
| Net Assets | $27.9M |
| Transparency Score | 88/100 |
Is Grand Street Settlement Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grand Street Settlement Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grand Street Settlement Inc
Grand Street Settlement Inc (EIN: 135562230) is a nonprofit organization based in New York, NY, classified under NTEE code P200. The organization reported total revenue of $43.8M and total assets of $43.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Street Settlement Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Street Settlement Inc is a large nonprofit that has been operating for 99 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43.6M |
| Total Expenses | $39.7M |
| Surplus / Deficit | +$3.9M |
| Total Assets | $40.9M |
| Total Liabilities | $13.0M |
| Net Assets | $27.9M |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 31.8% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Grand Street Settlement Inc reported a surplus of $3.9M with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 31.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grand Street Settlement Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +18.7% | +13.3% |
| 2022 | +33.7% | +15.2% | +45.6% |
| 2021 | +17.0% | +8.1% | +20.1% |
| 2020 | +17.3% | +24.6% | +28.1% |
| 2019 | +10.1% | +2.9% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1927 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grand Street Settlement Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Grand Street Settlement Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.8%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation for all reported periods, which suggests that either executive salaries are below the IRS 990 reporting threshold for individual officers or are not categorized as such in this summary, requiring further review of the full 990 forms for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Grand Street Settlement Inc's IRS 990 filings:
- Officer compensation reported as 0% across all periods in this summary, which may warrant further investigation into the full 990 forms to understand executive remuneration practices.
Strengths
The following positive indicators were identified for Grand Street Settlement Inc:
- Consistent and substantial revenue growth over the past decade, from $11.88M in 2014 to $43.78M in 2023.
- Healthy financial surpluses in most recent years, such as $3.95M in 2023, indicating sound financial management.
- Strong asset growth, from $9.87M in 2014 to $43.31M in 2023, enhancing long-term stability.
- Assets significantly exceed liabilities, demonstrating a robust balance sheet and low financial risk.
Frequently Asked Questions about Grand Street Settlement Inc
Is Grand Street Settlement Inc a legitimate charity?
Grand Street Settlement Inc (EIN: 135562230) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $43.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Grand Street Settlement Inc spend its money?
Grand Street Settlement Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Grand Street Settlement Inc tax-deductible?
Grand Street Settlement Inc is registered as a tax-exempt nonprofit (EIN: 135562230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grand Street Settlement Inc's spending goes to programs?
Grand Street Settlement Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grand Street Settlement Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Grand Street Settlement Inc is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grand Street Settlement Inc located?
Grand Street Settlement Inc is headquartered in New York, New York and files with the IRS under EIN 135562230. It is classified under NTEE code P200.
How many years of IRS 990 filings does Grand Street Settlement Inc have?
Grand Street Settlement Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $43.8M in total revenue.
Is Grand Street Settlement Inc a good charity?
Based on the provided financial data, Grand Street Settlement Inc appears to be a financially healthy and well-managed organization with consistent growth and surpluses, indicating effective use of funds. However, a full assessment would require reviewing their program details and impact.
What is the trend in Grand Street Settlement Inc's revenue?
Grand Street Settlement Inc has experienced significant and consistent revenue growth, nearly quadrupling from $11.88 million in 2014 to $43.78 million in 2023.
How do their assets compare to their liabilities?
The organization's assets significantly outweigh its liabilities. For example, in 2023, assets were $40.93 million while liabilities were $13.01 million, indicating a strong financial position.
What is the organization's financial surplus/deficit trend?
Grand Street Settlement Inc has consistently operated with a surplus in recent years, with revenue exceeding expenses. For instance, in 2023, revenue was $43.65 million against expenses of $39.70 million, resulting in a $3.95 million surplus.
Filing History
IRS 990 filing history for Grand Street Settlement Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grand Street Settlement Inc's revenue has grown by 300.9%, moving from $10.9M to $43.6M. Total assets increased by 306.9% over the same period, from $10.1M to $40.9M. Total functional expenses rose by 266.3%, from $10.8M to $39.7M. In its most recent filing year (2023), Grand Street Settlement Inc reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $13.0M in liabilities against $40.9M in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $27.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43.6M | $39.7M | $40.9M | $13.0M | — | — |
| 2022 | $42.8M | $33.5M | $36.1M | $12.5M | — | View 990 |
| 2021 | $32.0M | $29.0M | $24.8M | $7.8M | — | View 990 |
| 2020 | $27.4M | $26.9M | $20.6M | $7.2M | — | View 990 |
| 2019 | $23.3M | $21.6M | $16.1M | $3.2M | — | View 990 |
| 2018 | $21.2M | $21.0M | $13.6M | $2.7M | — | View 990 |
| 2017 | $21.0M | $20.0M | $12.7M | $2.5M | — | View 990 |
| 2016 | $17.7M | $17.9M | $10.8M | $2.7M | — | View 990 |
| 2015 | $14.4M | $13.8M | $10.6M | $1.8M | — | View 990 |
| 2014 | $11.9M | $11.6M | $9.9M | $1.2M | — | View 990 |
| 2013 | $11.1M | $10.9M | $9.6M | $1.9M | — | View 990 |
| 2012 | $11.3M | $13.4M | $8.9M | $2.5M | — | View 990 |
| 2011 | $10.9M | $10.8M | $10.1M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43.6M, expenses of $39.7M, and assets of $40.9M (revenue +2.0% year-over-year).
- 2022: Revenue of $42.8M, expenses of $33.5M, and assets of $36.1M (revenue +33.7% year-over-year).
- 2021: Revenue of $32.0M, expenses of $29.0M, and assets of $24.8M (revenue +17.0% year-over-year).
- 2020: Revenue of $27.4M, expenses of $26.9M, and assets of $20.6M (revenue +17.3% year-over-year).
- 2019: Revenue of $23.3M, expenses of $21.6M, and assets of $16.1M (revenue +10.1% year-over-year).
- 2018: Revenue of $21.2M, expenses of $21.0M, and assets of $13.6M (revenue +0.8% year-over-year).
- 2017: Revenue of $21.0M, expenses of $20.0M, and assets of $12.7M (revenue +18.6% year-over-year).
- 2016: Revenue of $17.7M, expenses of $17.9M, and assets of $10.8M (revenue +22.8% year-over-year).
- 2015: Revenue of $14.4M, expenses of $13.8M, and assets of $10.6M (revenue +21.3% year-over-year).
- 2014: Revenue of $11.9M, expenses of $11.6M, and assets of $9.9M (revenue +7.0% year-over-year).
- 2013: Revenue of $11.1M, expenses of $10.9M, and assets of $9.6M (revenue -2.0% year-over-year).
- 2012: Revenue of $11.3M, expenses of $13.4M, and assets of $8.9M (revenue +4.1% year-over-year).
- 2011: Revenue of $10.9M, expenses of $10.8M, and assets of $10.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Street Settlement Inc:
Data Sources and Methodology
This transparency report for Grand Street Settlement Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.