Friends of Greenwich Point

Analysis

Friends of Greenwich Point is a registered charity in United States, based in Old Greenwich, CT. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Friends of Greenwich Point reported income of $72k and spending of $101k, spending 139% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $81k to $72k (-10%), an average of -10% a year. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Greenwich Point sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within CT. Charities of a similar size with the same main cause include Dignity San Francisco Inc ($72k), Jannat Pakistan ($72k) and Literary Managers and Dramaturgs of America Inc ($72k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $490k against liabilities of $7,500, net assets of $483k.