Public Charity

GROUNDSWELL INC

GROUNDSWELL INC is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $8.6M revenue, $6.3M expenses, $6.1M total assets. 41 publicly reported grants to this organization, totaling roughly $3.7M, appear in IRS filings.

EIN: 270201126 WASHINGTON, DC Energy Resources Conservation & Development NTEE: C35 Latest filing: 2024
Total Revenue$8.6M
Total Expenses$6.3M
Total Assets$6.1M
Grant Records41
Funding Total$3.7M
Filing Years2020–2024

Mission

GROUNDSWELL BUILDS COMMUNITY POWER BY ENABLING NEIGHBORS TO WORK TOGETHER TO SHARE POWER THROUGH COMMUNITY SOLAR. WE CONNECT SOLAR POWER TO ECONOMIC EMPOWERMENT BY DEVELOPING EQUITABLE COMMUNITY SOLAR PROJECTS AND DELIVERING SUBSCRIBER MANAGEMENT PROGRAMS. OUR COMMUNITY SOLAR PROJECTS DELIVER ENERGY SAVINGS TO LOW INCOME HOUSEHOLDS, BUILD COMMUNITY WEALTH, AND SUPPORT LOCAL JOBS.

Where $100 goes at Groundswell Inc

How Groundswell Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$57 Programs the work itself
$43 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $57 for programs

$57
Energy and development programs Groundswell works in the rapidly emerging fields of community solar and energy equity to provide access to affordable clean energy to households that are…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Annie Donovan
TREASURER Bryce Schonberger
CHAIR Charles Imohiosen
SR VP MARKET Dan Limbago
CHIEF OPERAT David Abrams
VP TECH SERV David Wright

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,836,356 27 grants
Education
$699,500 4 grants
Environment & Conservation
$545,000 6 grants
Economic Development
$515,500 2 grants
Training & Professional Development
$60,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $8.6M $6.3M $6.1M
2023 $7.3M $6.1M $3.7M
2022 $3.7M $3.7M $2.6M
2021 $3.3M $2.9M $2.6M
2020 $2.5M $2.4M $2.3M

Between 2020 and 2024, reported annual revenue grew from $2.5M to $8.6M (+241%), with total assets most recently reported at $6.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for GROUNDSWELL INC

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