Social Enterprise Greenhouse

Analysis

Social Enterprise Greenhouse is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Social Enterprise Greenhouse reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.5m (+118%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 190%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Social Enterprise Greenhouse sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 84th percentile within RI. Charities of a similar size with the same main cause include Visiontrust International Inc ($2.5m), Watertown Community Foundation ($2.5m) and Blue Angels Foundation Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.9m against liabilities of $1.1m, net assets of $799k. It reported 26 employees.