Friends of Green Chimneys

Analysis

Friends of Green Chimneys is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Friends of Green Chimneys reported income of $1.5m and spending of $1.2m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $911k to $1.5m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 105%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Green Chimneys sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Lake Oconee Academy Foundation Inc ($1.5m), Christian Charities USA ($1.5m) and United Way of Dubuque Area Tri- States ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $495k. At year end it held assets of $20.4m against liabilities of $10.0m, net assets of $10.4m. It reported 10 employees.