Greene Arc Inc

Analysis

Greene Arc Inc is a registered charity in United States, based in Prosperity, PA. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Greene Arc Inc reported income of $5.1m and spending of $4.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $5.1m (+12%), an average of +2.9% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greene Arc Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include YWCA Northeast Indiana Inc ($5.1m), The Summit Counseling Center Inc ($5.1m) and Northern California Carpenters Relief Fund ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $96k (2.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $8.0m against liabilities of $989k, net assets of $7.1m. It reported 83 employees.