Green Seal Inc

Analysis

Green Seal Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Green Seal Inc reported income of $3.3m and spending of $3.2m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.0m to $3.3m (+11%), an average of +2.6% a year. The sharpest change came in the year to September 2021, when income rose by 18%. 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, Green Seal Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include Agricultural Stewardship Association ($3.3m), Alaska Association of Conservation Districts ($3.3m) and Sequoia Parks Conservancy ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $498k (16% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $712k, net assets of $1.2m. It reported 22 employees.