Gretna Productions Inc

Analysis

Gretna Productions Inc is a registered charity in United States, based in Mt Gretna, PA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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, Gretna Productions Inc reported income of $648k and spending of $860k, spending 133% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $776k to $648k (-17%), an average of -4.4% a year. The sharpest change came in the year to August 2021, when income rose by 159%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gretna Productions Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Military Veterans in Journalism Inc ($648k), Wesley Woods Inc ($648k) and Belmont Mansion Association ($648k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 43% of the total. Other salaries and wages came to $345k. At year end it held assets of $96k against liabilities of $184k, net assets of -$88k. It reported 23 employees.