The Greenhouse School Inc
Analysis
The Greenhouse School Inc is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, The Greenhouse School Inc reported income of $173k and spending of $187k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $211k to $173k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Greenhouse School Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Hibbing Band Parents Organization Inc-High School Music Room ($173k), Africa Christian Training Institute ($174k) and Macsherry Library ($173k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Other salaries and wages came to $41k. At year end it held assets of $36k against liabilities of $7,907, net assets of $28k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 29%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hibbing Band Parents Organization Inc-High School Music Room | Hibbing | $173k |
| Africa Christian Training Institute | Panama City | $174k |
| Macsherry Library | Alex Bay | $173k |
| Adams Township School District Foundation Inc | Painesdale | $174k |