Greensgrow Inc

Analysis

Greensgrow Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Greensgrow Inc reported income of $421k and spending of $73k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $732k to $421k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greensgrow Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Kern County Network for Children ($421k), Arthur MCC Thrift Shop ($421k) and Arc of Levy County Inc ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. Compensation of current officers, directors and key employees was $21k (28% of expenses). At year end it held assets of $172k against liabilities of $0, net assets of $172k. It reported 1 employees.