GRAMEEN AMERICA INC

NEW YORK, NY, 10001-4527 (718) 704-0424 Est. 2007 EIN 20-8497991
S31 - Urban & Community Economic Development 990 - Public charity return 501(c)(3)
www.grameenamerica.org

Mission

SEE SCHEDULE O.

Giving Portfolio

Total Grants
8
Total Giving
$5.3M
Recipients
8
Years Active
2020 - 2023
Avg grant: $659,490 Median: $691,330

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20232$680K $340K02
20222$2.1M $1.1M02
20212$381K $190K11
20202$2.1M $1.0M20

Sectors Funded

Community Improvement
4

Top States

New York
4
New Jersey
3
Maryland
1

Grantee Size Profile

$5M - $10M
3
$10M - $50M
1

Top Grantees

NY - 4 grants
$4.1M
$850K

Grants Awarded · 4 grants

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Financials

Total Revenue
$141,839,076
Total Expenses
$45,331,257
Net Assets
$297,331,356
477 employees 14 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
6.6 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 70.1%
Expenses ↑ 37.6%
Revenue Sources
Contributions 59.4% Earned revenue 38.3% Investment 2.1%
Expense Breakdown
Program 92.7% Management 4.6% Fundraising 2.7%

Officers & Trustees (25)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$141,839,076 ↑$45,331,257$297,331,356
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$83,384,408 ↑$32,943,033$200,296,615
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$46,396,843 ↓$28,290,820$149,836,474
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$50,248,348 ↓$20,634,401$131,657,218
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$55,605,067 ↑$21,693,035$102,043,271
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$23,851,109 $16,060,634$46,347,409

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EIN: 20-8497991 · Source: IRS Form 990 e-file data