Greenspaces

Analysis

Greenspaces is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Greenspaces reported income of $985k and spending of $1.4m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $732k to $985k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Greenspaces sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Plymouth Area Renewable Energy Initiative ($984k), Riverview Gardens Inc ($985k) and South Central Mountain Resource Conservation & Development Council ($983k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $43k (3.1% of expenses). Other salaries and wages came to $708k. At year end it held assets of $584k against liabilities of $156k, net assets of $428k. It reported 44 employees.