Green Village Initiative Inc

Analysis

Green Village Initiative Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Green Village Initiative Inc reported income of $609k and spending of $738k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $671k to $609k (-9.3%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Green Village Initiative Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Young Womens Christian Association ($609k), Small Steps Incorporated ($609k) and North Conway Community Center ($608k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Other salaries and wages came to $384k. At year end it held assets of $288k against liabilities of $32k, net assets of $256k. It reported 31 employees.