Greystar Giving Inc

Analysis

Greystar Giving Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greystar Giving Inc reported income of $118k and spending of $285k, spending 242% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $118k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 150% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greystar Giving Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Five Two Foundation ($118k), Account-Ability Oregon ($118k) and Seniorfirst Foundation Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $317k against liabilities of $49k, net assets of $268k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.