Green Light New York Inc

Analysis

Green Light New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Light New York Inc reported income of $1.0m and spending of $1.2m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.0m (-26%), an average of -7.3% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Green Light New York Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Mavericks Coastside Foundation ($1.0m), Being Beautiful Foundation ($1.0m) and Unfcu Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $309k (25% of expenses). Other salaries and wages came to $326k. At year end it held assets of $773k against liabilities of $254k, net assets of $519k. It reported 12 employees.

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.