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Green Thumb Environmental Beautification Inc

RegisteredEIN 16-1027136Albany, NYCommunity and economic development
Income$5.9m2024-06
Spending$5.8msame year
Spent / received101%6-year average
Size in its cause93rd pctCommunity and economic development
Exempt since1974Publicly supported organisat
Employees385latest return

Analysis

Green Thumb Environmental Beautification Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Green Thumb Environmental Beautification Inc reported income of $5.9m and spending of $5.8m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.3m to $5.9m (+36%), an average of +6.4% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Green Thumb Environmental Beautification Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Steamfitters Local Union No 449 Joint Apprenticeship & Training ($5.9m), Southern Minnesota Initiative Foundation ($5.9m) and Johnson Oconnor Research Foundation Inc ($5.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $210k (3.6% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $2.8m against liabilities of $2.5m, net assets of $313k. It reported 385 employees.

Income and spending

$0$1.5m$2.9m$4.4m$5.9m2019 Income: $4,297,5112019 Spending: $4,281,21620192020 Income: $4,320,4152020 Spending: $4,380,20920202021 Income: $4,214,5662021 Spending: $4,244,64920212022 Income: $4,523,1682022 Spending: $4,531,96520222023 Income: $4,971,7392023 Spending: $5,099,06320232024 Income: $5,861,9362024 Spending: $5,812,5582024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Steamfitters Local Union No 449 Joint Apprenticeship & TrainingPittsburgh$5.9m
Southern Minnesota Initiative FoundationOwatonna$5.9m
Johnson Oconnor Research Foundation IncBoston$5.9m
Renaissance Development FundBenton Harbor$5.9m