Green Beret Foundation

Analysis

Green Beret Foundation is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in February 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, Green Beret Foundation reported income of $3.0m and spending of $2.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.0m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Green Beret Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Brighter Family Resource Center Inc ($3.0m), Auburn Day Care Centers Inc ($3.0m) and Syracuse Model Neighborhood Facility Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $274k (9.3% of expenses). Other salaries and wages came to $774k. At year end it held assets of $4.8m against liabilities of $257k, net assets of $4.6m. It reported 19 employees.