Green Envelope Fund

Analysis

Green Envelope Fund is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in October 1971, 55 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 December 2023, Green Envelope Fund reported income of $171k and spending of $165k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $217k to $171k (-21%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Green Envelope Fund sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Project Refit ($171k), Abode Inc ($171k) and Red Lodge Music Festival ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.