Greenhouse17 Inc

Analysis

Greenhouse17 Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greenhouse17 Inc reported income of $4.1m and spending of $4.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.1m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greenhouse17 Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Health Law Advocates Inc ($4.1m), Scottsdale Training and Rehabilitation Services Inc ($4.1m) and Community Homes for Adults Incorporated ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $2.6m against liabilities of $637k, net assets of $2.0m. It reported 58 employees.