Groundtruth Project Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 2014, with $7,537,345 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$7.5M
▼ 17.2% vs prior year
Employment median: $367K
Expenses (FY2023)
$10.2M
Net assets
$5.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Groundtruth Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Groundtruth Project Inc: 6 mo reserves · -35% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Groundtruth Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Groundtruth Project Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1,000 (FY2013) to $7.5M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-35.2%
Spent more than it raised in the latest fiscal year.
Total assets
$6.0M
Total liabilities
$896K
Net assets
$5.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,537,345▼17.2% | $10,186,968▼19.6% | $5,084,073▼34.1% | $5,980,000▼35.9% | 990 |
| 2022 | $9,104,580▼28.5% | $12,665,341▲12.4% | $7,709,606▼31.6% | $9,332,666▼28.1% | 990 |
| 2021 | $12,726,930▲63.7% | $11,263,930▲32.8% | $11,270,367▲14.9% | $12,977,835▲16.6% | 990 |
| 2020 | $7,773,897▼12.6% | $8,483,771▲95.7% | $9,807,367▼6.7% | $11,133,030▼0.3% | 990 |
| 2019 | $8,894,727▲38.1% | $4,335,841▲92.7% | $10,517,241▲76.5% | $11,170,353▲82.9% | 990 |
| 2018 | $6,438,747▲279% | $2,249,690▲20.1% | $5,958,355▲235% | $6,106,812▲235% | 990 |
| 2017 | $1,699,804▼40.6% | $1,873,236▲37.9% | $1,779,671▼28.6% | $1,821,760▼28.5% | 990 |
| 2015 | $2,863,450▲117% | $1,358,009▲83.3% | $2,493,095▲152% | $2,546,444▲149% | 990 |
| 2014 | $1,320,060▲131906% | $740,867▲84862% | $987,654▲771505% | $1,022,374▲150% | 990 |
| 2013 | $1,000 | $872 | $128 | $408,461 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
80 grants to Groundtruth Project Inc totaling $13.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minneapolis Foundation | Donor advised, general | 2024 | $50,000 |
| New Hampshire Charitable Foundation | To support a shared statehouse reporting position | 2024 | $25,000 |
| Vermont Community Foundation | Report for america seven days campaign | 2024 | $21,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $10,000 |
| Greater Milwaukee Foundation Inc | Support of reporters at the milwaukee journal sentinel | 2024 | $7,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,150 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $383,250 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $216,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $100,000 |
| Community Foundation For Southeast Michigan | Arts | 2023 | $75,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $52,425 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $51,000 |
| The Miami Foundation Inc | Program support | 2023 | $27,700 |
| Greater Milwaukee Foundation Inc | The milwaukee-based report for america newsrooms | 2023 | $5,600 |
| National Philanthropic Tr | Culture & arts | 2022 | $2,301,250 |
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Data for Groundtruth Project Inc (EIN 46-0908502) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.