Greenwood School Inc

Analysis

Greenwood School Inc is a registered charity in United States, based in Putney, VT. It received its IRS tax-exemption ruling in July 1978, 48 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Greenwood School Inc reported income of $5.0m and spending of $5.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.4m to $5.0m (-6.8%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenwood School 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 92nd percentile, and in the 92nd percentile within VT. Charities of a similar size with the same main cause include Arcadia Scottsdale United Soccer Club ($5.0m), MCT Inc ($5.0m) and Mha Health Institute ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $181k (3.6% of expenses). Other salaries and wages came to $2.2m. It paid $65k in professional fundraising fees. At year end it held assets of $8.2m against liabilities of $1.3m, net assets of $6.9m. It reported 68 employees.