Greenville Housing Corp

Analysis

Greenville Housing Corp is a registered charity in United States, based in Greenville, ME. It received its IRS tax-exemption ruling in May 2002, 24 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Greenville Housing Corp reported income of $296k and spending of $300k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $296k (+11%), an average of +2.5% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenville Housing Corp sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 56th percentile within ME. Charities of a similar size with the same main cause include Cmpa Educational Foundation of the Cincinnati Master Plumbers Associa ($296k), Habitat for Humanity International Inc ($296k) and Community Scholarship Foundation ($295k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $16k (5.4% of expenses). Other salaries and wages came to $33k. At year end it held assets of $630k against liabilities of $192k, net assets of $438k. It reported 4 employees.