Massachusetts · Nonprofit
GRAMEEN RESEARCH INC
GRAMEEN RESEARCH INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $300,000 to it, the largest being The Clements Foundation Inc ($100,000). 0 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2019
- $52k
- Funders on record
- 3
- Grants received
- $300k
- Net assets
- $2k
What Grameen Research Inc does
Mission
To raise money for and to further the practice of microfinance lending.
As stated on its FY2019 Form 990.
Program
To raise money for and to further the practice of microlending in the united states as a means of assisting the country's poor and promoting economic growth.
The first program described on its most recent Form 990, which lists programs largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $360k to $112k (−69%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of GRAMEEN RESEARCH INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2019 → 2021: the base held at 1 funder, grant income held at $100k.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 67% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of GRAMEEN RESEARCH INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GRAMEEN RESEARCH INC leans on a few funders — its largest provides 33% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
67% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GRAMEEN RESEARCH INC.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
67% of GRAMEEN RESEARCH INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $100k that is directly attributable, 100% of it comes from funders outside Massachusetts, across 1 state.
Funder states come from each funder’s own filing. $200k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GRAMEEN RESEARCH INC's revenue fell 32% between 2017 and 2019.
this organization peer median middle 50% of peers· 9,300 human services nonprofits under $100k, FY2019
Organizations like GRAMEEN RESEARCH INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
0% of spending goes to programs.
Governance
Public support
77%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Grameen America Inc · exempt
- Grameen Primacare Inc · exempt
- Wc Research Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for GRAMEEN RESEARCH INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GRAMEEN RESEARCH INC?
- GRAMEEN RESEARCH INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $300,000 to it, the largest being The Clements Foundation Inc ($100,000). 0 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does GRAMEEN RESEARCH INC have?
- IRS filings report 3 organizations giving $300,000 in grants to GRAMEEN RESEARCH INC.
- Who is the largest funder of GRAMEEN RESEARCH INC?
- The Clements Foundation Inc is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
- How can an organization like GRAMEEN RESEARCH INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2019 (financials across 2017–2019), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing