Greencroft Communities Foundation Inc

Analysis

Greencroft Communities Foundation Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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 June 2023, Greencroft Communities Foundation Inc reported income of $2.3m and spending of $3.4m, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.3m (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greencroft Communities Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Roxana Volunteer Fire Company Station 90 ($2.3m), Romero Institute ($2.3m) and Northern Colorado Youth Hockey ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $72k. At year end it held assets of $17.0m against liabilities of $9.0m, net assets of $8.1m.