Greenspace Inc

Analysis

Greenspace Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Greenspace Inc reported income of $57k and spending of $15k, leaving 74% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $54k to $57k (+6.7%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 76% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Greenspace Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within KY. Charities of a similar size with the same main cause include Friends of Audubon Inc ($57k), Urban Beekeeping Laboratory and Bee Sanctuary Inc ($58k) and Rails to Trails of Central Pennsylvania Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.