Greenfield Housing Associates Inc

Analysis

Greenfield Housing Associates Inc is a registered charity in United States, based in Greenfield, MA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Greenfield Housing Associates Inc reported income of $53k and spending of $50k, spending 93% of its income. Across the 4 years on record, from March 2021 to March 2024, income fell from $120k to $53k (-56%), an average of -24% a year. The sharpest change came in the year to March 2023, when income rose by 194%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greenfield Housing Associates Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Houston Senior Housing Inc ($53k), Caroline House ($53k) and Project Brotherhood Resolve Inc ($53k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,300 (13% of expenses). At year end it held assets of $751k against liabilities of $359k, net assets of $392k.