Overview

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Est.

2009

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

GROUNDSWELL INC, a nonprofit organization focused on energy resources, aims to deliver energy savings, build community wealth, and support local jobs through its solar projects. With an operating budget of $6.2 million and total revenue of $8.6 million for the 2024 filing year, the organization is financially supported by a diverse range of funders. More information can be found on their website at www.groundswell.org.

Mission Statement

OUR SOLAR PROJECTS DELIVER ENERGY SAVINGS, BUILD COMMUNITY WEALTH, AND SUPPORT LOCAL JOBS.
Revenues
$8.6M
Expenses
$6.3M
Net Income:
+$2.3M
Assets
$6.1M
Liabilities
$165.7K
Net Assets:
+$5.9M
Operating Budget
$6.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
23
Median grant size
$50K
Largest grant received
$1M
N
Nelson Reyneri
Board Member
R
Raj Krishnamurthy
Board Member
A
Annie Donovan
Board Member

Frequently Asked Questions

What is GROUNDSWELL INC’s budget?
In 2024, GROUNDSWELL INC reported an annual operating budget of around $6.2 million. More detailed financial information is available to registered users.
What causes does GROUNDSWELL INC support?
GROUNDSWELL INC supports work in Energy resources.
Where does GROUNDSWELL INC operate?
GROUNDSWELL INC is headquartered in Washington, DC.
Who funded GROUNDSWELL INC recently?
In 2025, GROUNDSWELL INC received grants from THE BELLWETHER FOUNDATION II, GOODCOIN FOUNDATION, and RF CATALYTIC CAPITAL INC. More information on this organization’s funders is available to registered users.
What is the largest grant GROUNDSWELL INC received in 2024?
The largest grant to GROUNDSWELL INC in 2024 exceeds $1 million.
What is GROUNDSWELL INC’s reliance on government grants?
GROUNDSWELL INC relied on government grants for more than 10% of their total revenue in 2024.