Greengoat

Analysis

Greengoat is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greengoat reported income of $2.2m and spending of $2.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.2m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Greengoat sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Forest Workforce Training Institute ($2.2m), Cape Cod Commericial Fishermens Alliance Inc ($2.2m) and Construction Junction Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $240k. At year end it held assets of $1.4m against liabilities of $2,652, net assets of $1.4m. It reported 2 employees.