Greenfaith

Analysis

Greenfaith is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Greenfaith reported income of $2.7m and spending of $3.0m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Greenfaith 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 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Mountain Area Land Trust ($2.7m), Georgia Organics Inc ($2.7m) and Sustainable Energy for Galena Alaska ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $168k (5.6% of expenses). Other salaries and wages came to $663k. At year end it held assets of $301k against liabilities of $684k, net assets of -$382k. It reported 12 employees.