Greenwood Music Camp Inc

Analysis

Greenwood Music Camp Inc is a registered charity in United States, based in Easthampton, MA. It received its IRS tax-exemption ruling in May 1964, 62 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Greenwood Music Camp Inc reported income of $939k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $901k to $939k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 169%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greenwood Music Camp Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Beach Cities Sports ($939k), International Swim Coaches Association ($939k) and Long Island Volleyball Club Inc ($938k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $93k (8.8% of expenses). Other salaries and wages came to $316k. At year end it held assets of $4.0m against liabilities of $11k, net assets of $3.9m. It reported 63 employees.