Greenhouse Scholars

Analysis

Greenhouse Scholars is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Greenhouse Scholars reported income of $3.2m and spending of $3.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.2m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenhouse Scholars sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Center for Leadership and Educational Equity ($3.2m), UCLA Alumni Association ($3.2m) and Northeast Kingdom Learning Services ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $418k (14% of expenses). Other salaries and wages came to $921k. At year end it held assets of $3.6m against liabilities of $358k, net assets of $3.2m. It reported 24 employees.